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Can working people still afford the rent?

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Can working people still afford the rent?

Some employees draw the consequences. According to the survey, one or every ninth person (11 percent) has already changed jobs because rents in the region are too high – in the group aged 18 to 34 it is 17 percent. A third have already thought about it (18 to 34: 41 percent). The willingness to change is particularly high in Berlin: 19 percent there have changed jobs because of high rents. 36 percent thought about it in the capital, and the proportion was only higher in Stuttgart (38 percent).

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When employees consider moving for work reasons, affordable rents are crucial for 60 percent. PwC believes that medium-sized companies, which are often not located in major cities, could benefit from this. “In the competition for suitable young talent, you can score points with affordable rents,” says Bernd Roese, head of the PwC Frankfurt office. But that doesn’t apply to all big cities. “In Munich or Berlin, the so-called bacon belt is almost as expensive as the metropolises themselves.”

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