Study Reveals 5.4 Million More Germans Affected by Poverty When Housing Costs Are Considered
The inclusion of housing expenses in poverty calculations shows over 21% of Germany's population struggles financially, with single and elderly individuals most impacted.
- A new study by the Paritätischer Gesamtverband highlights that 17.5 million people in Germany live in poverty when housing costs are accounted for, 5.4 million more than previously reported.
- Housing costs consume over a third of income for many households, with some spending more than half, leaving little for other necessities.
- Single-person households, retirees, young adults under 25, and single parents are disproportionately affected, particularly in regions like Bremen, Hamburg, and Sachsen-Anhalt.
- The study criticizes traditional poverty metrics for excluding housing costs, which obscures the full extent of financial hardship in the country.
- Experts call for urgent policy measures, including expanded social housing, rent controls, and improved social safety nets, to address Germany's growing housing-driven poverty crisis.