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Hamburg (dpa / lno) - The city of Hamburg has extended the Social Preservation Ordinance to protect tenants from gentrification to the districts of Barmbek-Nord, Barmbek-Süd and the Jarrestadt.
The urban development authority announced on Tuesday that a further 83,400 people have been protected since the weekend.
A total of around 316,800 Hamburgers would now be under the protection of the regulation.
In areas with a social conservation ordinance, residential buildings may only be demolished or modified with permits.
The same applies to the conversion of rental apartments into condominiums.
In addition, the city has a right of first refusal.
In the newly recorded areas, the conversion of rental apartments into owner-occupied apartments was particularly noticeable.
The prices for condominiums have more than doubled in the past ten years.
In addition, there is still a high sales potential, since the proportion of rental apartments in all three areas is currently around 90 percent.
In addition, there is a risk of modernization with corresponding rent increases with the mostly more than 60-year-old, seldom high-quality but still reasonably priced apartments.
The urban districts of Barmbeck, which are dominated by buildings from the 1920s and 1930s as well as post-war developments, and the architecturally outstanding Jarrestadt are under increasing pressure, said Senator for Urban Development Dorothee Stapelfeldt (SPD).
“Apartments are being structurally upgraded and can therefore become unaffordable for previous tenants, especially in the case of extensive modernization.
Or they are immediately converted into condominiums and sold. "
The residents would now be protected from these developments as much as possible through conservation ordinances.