Insurance, administration and property taxes should be removed from the operating costs for tenants – and transferred to the landlords.
The change would save tenants of a 70 square meter apartment almost 900 euros a year, emphasizes Austria’s tenants’ association. Clemens Fabry
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A good third of the operating costs are paid for insurance premiums, management fees and property tax, the tenants’ association emphasized in a press release on Friday. But these are “costs that the landlords actually have to bear – that’s simply unfair,” says Georg Niedermühlbichler, President of the Austrian Tenants’ Association. He would like to have these items removed from operating costs, “that would save a million households a lot of money.”
Insurance and administration already cost almost one euro per square meter per month (11.58 euros annually per m2) to book. That amounts to almost 900 euros per year for a 70 square meter apartment including sales tax. Property tax is also an additional cost factor. (APA/Red.)
