Rental price shock in Hamburg: Moving now up to 74 % more expensive!

Rental price shock in Hamburg: Moving now up to 74 % more expensive!

Status: 25.07.2024 06:00 a.m.

The current census 2022 in Hamburg shows alarming rental price developments, which particularly affect newcomers in the city. These developments require a thorough analysis of the rental prices and their effects on different districts in order to understand the growing challenges for tenants and the urban society.

A look at the rental price risen in Hamburg

The creation of a detailed card that compares the inventory rents from the census 2022 and the currently requested rental prices offers clear insights into the differences in rental prices in Hamburg. It can be seen that the surcharge for new rentals in many districts is significantly up to over 70 percent. For example, the surcharge in Osdorf is 74 percent, while rents in Stellingen also rose by up to 70 percent.

district comparisons: special price differences

The rental price development reveals significant differences depending on the district. In Altona, the surcharge for new contracts with almost five euros per square meter is highest, which corresponds to an increase of over 50 percent. In contrast, Harburg remains the district with the slightest rental exposure, where rents are only 30 percent higher than the inventory rents. This makes Harburg a relative exception in the rising rental landscape.

The effects on the community

These developments have far -reaching consequences for the affected population. Especially for seniors who often live in large apartments, an apartment exchange could be a solution. Unfortunately, however, this often proves to be difficult. It is important to emphasize that rents in Hamburg are now more than two euros above the German cut and lead to an increase in social pressure in the city.

The methodology behind the numbers

The data used for this evaluation come from Value AG, which carries out comprehensive market analyzes. The results show that in many parts of the city there is a clear gap between the existing rents and the current offers - a situation that both tenants and urban planners present with new challenges.

conclusion: Where does the rental price development lead?

The current rental price developments in Hamburg illustrate the need for measures to create more affordable living space. The serious climbs of rental prices require an incoming consideration to develop suitable solutions that meet both the needs of the existing residents and possible newcomers. Hamburg faces the challenge of finding a social balance while the prices continue to rise.

- Nag