3 ms·
Berlin is a great example of what happens if you have bad laws and regulations hit reality. The renter is king in his or her property. Friends wanted to buy a f
by the_mitsuhiko 10y ago
Berlin is a great example of what happens if you have bad laws and regulations hit reality. The renter is king in his or her property. Friends wanted to buy a flat but ypu can realistically only rent a flat that comes with an occupant so you need to wait until they leave until you can move into your own property.
Then this gets paired with attempts to regulate the increase of the rent and people rent for a bloody long time in a city where there is more demand than housing.
The effects this causes in reality then are bizarre. All you have to do is build more stuff and none if this was necessary.
- jonasvp 10y ago> so you need to wait until they leave until you can move into your own property. That's simply false. You can cancel a lease with a renter because of "Eigenbedarf" (personal need) if you want to move into your own property. There's some limitations around it when you buy a property with a renter in it but in general that's how it works. In Germany, the "basic law" (rougly: constitution) says: > (2) Property entails obligations. Its use shall also serve the public good. The state protects your property but this obliges you to also use it for the public good. It's not an absolute right.
- the_mitsuhiko 10y ago> You can cancel a lease with a renter because of "Eigenbedarf" Which has a 10 year "Sperrfrist" (freeze period) and you need to go to court if the renter refuses to honor and make your claim. Even in that case you need to prove your personal need and "living in your own property" does not satisfy that requirement.
- yorwba 10y agoOn the flip side, this means that there is absolutely no need to buy the flat you are living in, because your landlord can't easily throw you out anyway. If you are after the savings in rent, you can still buy a flat and rent it out to pay your own rent.
- bogomipz 10y agoI am curious do people actually do this though in practice?
- heisenbit 10y agoAs most german flats are rented without kitchen appliances there is a certain amount of investment (the landlord does not have to do) that deserves protection. There are simply two markets. One for flats that produce rental income and one for flats for any use. The situation in the US is different as e.g. there are more fixed term rental agreements.