Study finds supply-demand mismatch in German housing market

Finding accommodation in Germany's main conurbations is becoming increasingly difficult as a result of soaring rentals for new tenants, according to a study published on Sunday. The mismatch between supply and demand had resulted in a dysfunctional market as a result of the widening difference between rentals for established tenants and new tenancies, the JLL estate agency found. Tenants were staying put to avoid paying higher rentals for a new apartment, leading to a fall in supply in an alread