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NRW New-Lease Rents Jump 50% Over Decade as Housing Completions Slide

Fresh ministry figures are fueling renewed demands for tougher tenant protections.

Overview

  • Responses from the Federal Building Ministry to a Left party inquiry confirm roughly a 50% increase in prices for new or newly let apartments in North Rhine‑Westphalia over the past ten years.
  • Last year’s highest asking rents per square meter were recorded in Köln (€14.15), Münster (€13.81), Düsseldorf (€12.99) and Bonn (€12.22).
  • Housing completions in NRW dropped to 41,025 last year after roughly 50,000 in preceding years, according to the ministry’s data reported by Rheinische Post.
  • The Deutscher Mieterbund NRW reports the social housing stock has fallen from 1.3 million units in 1990 to 422,000 today.
  • Die Linke MP Lea Reisner urges an immediate rent freeze, publicly built affordable housing and stricter action against rent gouging, warning many households spend a third to half of their income on rent.