Overview

• Tenants of the seven state-owned housing companies who wish to reduce space will receive up to three offers for smaller apartments within 12 months.
• Each replacement apartment must be at least one room and at least ten square meters smaller than the current unit.
• Proposed rentals are priced at the customary local comparative rent with no surcharge for re-letting.
• Moves will be coordinated to avoid double financial burdens, according to Building Senator Christian Gaebler.
• Transfers initially apply only within each company’s own portfolio, with the goal of reallocating larger flats to households with greater space needs.