More and more people in Germany can no longer pay their rent – or don’t want to. The number of damages caused by loss of rent increased by 20 percent last year, the insurance company R+V announced on Monday. She sells rent insurance.
According to the insurance company, there are more than five million private individuals in Germany who rent out apartments. If you lose your rent, you can find yourself in financial difficulties.
Rental nomads who move from apartment to apartment and pay no rent at all cause particularly high costs. The lack of income is “only one side”, according to R+V. After moving out, the apartment is often dirty, littered or in need of renovation. (AFP)