Real estate: why the property tax is likely to increase – economy

Only one in ten German municipalities increased the tax for landowners in 2020. But it can become even more expensive where the burden is already high. The most important questions and answers.

By Thomas Öchsner

What each individual pays is not too much, but the overall result is a lot of money: Homeowners in Germany pay an average of 172 euros in property tax per year. This brought the coffers of municipalities and cities to around 14.7 billion euros last year, if we add the property tax for agricultural and forest land. Yet the differences are considerable, shows a study by consulting firm EY (formerly Ernst & Young). For example, taxpayers in Bavaria fare much better than those in North Rhine-Westphalia. Why the property tax might increase in the future, especially in financially weak municipalities.

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