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Thanks, I hadn't realised that obviously existing landlords might stop renting out a place, which would reduce supply of housing - that could be problematic. I
by Vinnl 7y ago
Thanks, I hadn't realised that obviously existing landlords might stop renting out a place, which would reduce supply of housing - that could be problematic.
It also mentions that apartments got transformed into condos. This might be a problem with my not being a native speaker, but: if one apartment is turned into multiple condos, isn't it able to house more people? (Though being "new" housing, I suppose they'd then be able to ask higher rents again?)
- kaybe 7y agoYes, it can house more people, but you can also demand a lot more for the same area in smaller units, so rent per square metre goes up.
- esarbe 7y agoSince there's already some effort to confiscate property that's been empty for too long, I doubt too many landladies in Berlin will dare to go that route. I could be wrong. Relevant article: https://www.reuters.com/article/us-germany-housing/berlin-activists-march-to-demand-city-seize-housing-from-landlords-idUSKCN1RI0EG https://www.reuters.com/article/us-germany-housing/berlin-ac...