house price to rent ratio, renting in Germany is much more affordable.
In 2021, the average rent in Munich was approximately 17.61 euros per square meter. This was an increase from the 17.09 euros reached in the previous year. But how does renting compare to buying? According to the Average rent price of residential property in selected cities in Germany from 2012 to 2nd quarter 2021 (in euros per square meter)
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empirica. (January 21, 2022). Average rent price of residential property in selected cities in Germany from 2012 to 2nd quarter 2021 (in euros per square meter) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/801560/average-rent-price-of-residential-property-in-germany-by-city/
empirica. "Average rent price of residential property in selected cities in Germany from 2012 to 2nd quarter 2021 (in euros per square meter)." Chart. January 21, 2022. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/801560/average-rent-price-of-residential-property-in-germany-by-city/
empirica. (2022). Average rent price of residential property in selected cities in Germany from 2012 to 2nd quarter 2021 (in euros per square meter). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/801560/average-rent-price-of-residential-property-in-germany-by-city/
empirica. "Average Rent Price of Residential Property in Selected Cities in Germany from 2012 to 2nd Quarter 2021 (in Euros per Square Meter)." Statista, Statista Inc., 21 Jan 2022, https://www.statista.com/statistics/801560/average-rent-price-of-residential-property-in-germany-by-city/
empirica, Average rent price of residential property in selected cities in Germany from 2012 to 2nd quarter 2021 (in euros per square meter) Statista, https://www.statista.com/statistics/801560/average-rent-price-of-residential-property-in-germany-by-city/ (last visited May 28, 2022)