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27 votes
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Austin rents have fallen for nearly two years
21 votes -
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43 votes -
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65 votes -
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Rents are the Federal Reserve’s ‘biggest stumbling block’ in taming US inflation
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Relative financial burden imposed on university students by housing cost in Germany steadily increasing. About a third of all students close to poverty line. How does this compare to your region?
The latest iteration of a study regarding the cost of student housing in Germany found, that rent prices for students have risen to a germany-wide average of 479€. Three years ago the average was...
The latest iteration of a study regarding the cost of student housing in Germany found, that rent prices for students have risen to a germany-wide average of 479€. Three years ago the average was just 391€. In Munich the average cost for student housing has risen to no less than 760€. This is more than double than the housing-cost covered by BAföG, a public program providing financial support to students from low-income families. [1]
Statistically, more than a third of students in Germany are at risk of poverty at the moment, meaning they have less than 60% of the country's mean income available. [2] [3]
Also with regards to Munich specifically, the number of designated student housing facilities has not grown significantly or even dropped over the past few years, while the number of students has been steadily increasing. This means that more and more students have to look for rooms in shared apartments on the city's highly competitive housing market. Statistically, these students are those that live close to the poverty line particularly often.
I realize that the cost of high-quality higher education in Germany is not as majorly fucked as for example in the USA, but still the financial burden on students is steadily increasing due to housing cost. How does this compare to where you're from? How is student housing organized in your city, how much does it cost relative to the mean income, and do you experience similar trends in your region?
Sources (german), besides in-person conversations and experiences:
[1] https://cms.moses-mendelssohn-institut.de/uploads/24_03_19_Wohnkosten_Studierende_804a7b53ef.pdf
[2] https://www.spiegel.de/start/statistisches-bundesamt-mehr-als-ein-drittel-der-studierenden-lebt-unter-der-armutsgrenze-a-460cb19f-8a62-43ab-8b52-652814234250
[3] https://youtu.be/UVaY8SCtjwg28 votes -
Price fixing by algorithm is still price fixing
59 votes -
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34 votes -
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