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Munich Over-Indebtedness Rises, Reversing Years-Long Decline
The percentage of over-indebted people in Munich, Germany, rose to 7.24 percent in 2023, reversing a downward trend since 2019, primarily due to inflation, rising rents, and post-recession job losses, disproportionately affecting certain districts like Milbertshofen-Am Hart.
Munich Over-Indebtedness Rises, Reversing Years-Long Decline
The percentage of over-indebted people in Munich, Germany, rose to 7.24 percent in 2023, reversing a downward trend since 2019, primarily due to inflation, rising rents, and post-recession job losses, disproportionately affecting certain districts like Milbertshofen-Am Hart.
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24% Bias Score
Reduced Inequality
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