You would think they would had learned their lesson about national socialism.
Why do I see an apartment shortage in Berlin in the near future...?
rent caps will probably mean less construction and that will cause shortages
If all the landlords get together and raise to the maximum permitted. then there would be a new base from which the next hike could come. Seems like as long as everyone works together, there’s no limit to what could be achieved.
We were looking for the best part of a year,” said Vlasis Tritakis, a student. He, his partner Sofia and their 18-month-old son moved out of a flat-share into a one-bedroomed apartment in the district of Kreuzberg in April.
But sooner or later they will have to find a place big enough for his son to have a room of his own. They say they don’t stand much of a chance against competition from potential tenants with better finances. “I don’t know how we will do it,” said Tritakis.
moving to an affordable area is too hard now???
A perfect example of supply and demand. The commies in Berkeley have had rent control for decades. the result is run down, dilapidated rental units, and less of them. Landlords will not invest in upkeep if there is no profit incentive.
Government outlaws supply and demand. Film at 11.
THIS time it will be different!
Gresham’s law. The nice apartments will be removed from the rental market. They’ll probably be sold as condominiums.
Not sure about now but Kreuzberg *was* the most affordable part of Berlin.