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What solution do you believe will to lower housing prices in Berlin that isn't decreasing demand or increasing supply? Regarding rent controlled apartments, yo

What solution do you believe will to lower housing prices in Berlin that isn't decreasing demand or increasing supply? Regarding rent controlled apartments, you're correct that only about 1% are rent controlled, I should've been more specific. Given the small percentage of apartments that are rent controlled, it likely has little effect on the overall pricing. When I said rent controlled apartments I really meant rent controlled and rent STABILIZED apartments (apartments that are not currently being charged the market rate). And rent stabilized apartments are approximately 50% of NYC apartments. [0] https://ny.curbed.com/2017/8/28/16214506/nyc-apartments-housing-rent-control https://ny.curbed.com/2017/8/28/16214506/nyc-apartments-hous... -- "That brings us to rent stabilization, a much more common way for New Yorkers to secure under-market rent. While only around one percent of New York rental units are rent controlled, roughly 50 percent of the city’s units are stabilized. Rent stabilization generally applies to apartments in buildings of six or more units constructed before 1974."

bogomipz 9y ago
Rent controlled and rent stabilized are not at all comparable. And yes, I am well familiar with rent-stabilized apartments. And rent stabilized apartments have annual rental increases just like any other de-regulated apartment does. It just means there's a cap on how much the landlord can increase the rent. There are no deals to be had there. And anyone who is fortunate enough to have a rent stabilized apartment is not stupid enough to risk it by subletting without the landlord's permission. Landlords are looking for any possible way to get rid of their stabilized tenants as each time the apartment turns over it is that much closer to deregulated. Landlords and property management companies watch their rent-stabilized apartments like hawks. You make it sound as if subletting rent stabilized apartments and pocketing the difference is some epidemic("people do it all the time".) Does it happen occasionally? Sure. Is it the common case? No, at at all, not even close. Not only that but rent stabilized apartments have their own issues as well. http://www.salon.com/2017/06/27/many-rent-stabilized-nyc-apartments-are-not-really-stabilized-see-where-they-are_partner/ http://www.salon.com/2017/06/27/many-rent-stabilized-nyc-apa...

bogomipz 9y ago

Rent controlled and rent stabilized are not at all comparable. And yes, I am well familiar with rent-stabilized apartments. And rent stabilized apartments have annual rental increases just like any other de-regulated apartment does. It just means there's a cap on how much the landlord can increase the rent. There are no deals to be had there. And anyone who is fortunate enough to have a rent stabilized apartment is not stupid enough to risk it by subletting without the landlord's permission. Landlords are looking for any possible way to get rid of their stabilized tenants as each time the apartment turns over it is that much closer to deregulated. Landlords and property management companies watch their rent-stabilized apartments like hawks. You make it sound as if subletting rent stabilized apartments and pocketing the difference is some epidemic("people do it all the time".) Does it happen occasionally? Sure. Is it the common case? No, at at all, not even close. Not only that but rent stabilized apartments have their own issues as well. http://www.salon.com/2017/06/27/many-rent-stabilized-nyc-apartments-are-not-really-stabilized-see-where-they-are_partner/ http://www.salon.com/2017/06/27/many-rent-stabilized-nyc-apa...