3 ms·

The investment firm in this scenario is, as they often are, a foreign firm engaging in speculation. If there are problems for the people of Berlin, no skin off

The investment firm in this scenario is, as they often are, a foreign firm engaging in speculation. If there are problems for the people of Berlin, no skin off their backs... People who move somewhere hopefully don't always stay foreigners, but they can still behave in an opportunistic way, enjoying low prices while not really putting down roots or committing to bear any of the long term costs of the community they join. American tech people in Berlin who live there for multiple years and don't learn German are an example of this phenomenon.

closeparen 9y ago
It's precisely the anti-transient policies (squeeze them as hard as possible on rent, make them bear all the costs of subsidized housing) which make people transient. Of course I'm not going to put down roots in a place that's trying its hardest to get rid of me. If you want people to put down roots, stop going out of your way to prevent it.