4 ms·

> If the judges nix the legislation, lots of tenants in the formerly regulated sector could get hit by huge and even retroactive increases in their rents. Am

by csomar 6y ago

> If the judges nix the legislation, lots of tenants in the formerly regulated sector could get hit by huge and even retroactive increases in their rents. Am I reading this correctly? So, these tenants might find themselves in thousands (maybe dozen of thousands) of euros of debt to their landlord. And I assume they'll be required to pay it up overnight? In this case, the politicians really screwed these "poor" people in the most unimaginable way.

Tenoke 6y ago
Yes. It even said so in the letter you get when the price was lowered. My rent was fairly 'overpriced' for the area so if it gets overturned I'll owe around 500e per month for every month that the law was in effect. Needless to say, most who lost their jobs and even many who didn't won't have the 5k or whatever it is in their case to give up suddenly. I guess if many of us find ourselves in debt here and can't rent because the debt means we cant ever pass the Schufa which every place checks then possibly that'll ironically help solve the housing crisis..
- csomar 6y ago
  Is it me, or it is just irresponsible to push this through before it gets legally cleared. You basically endangered the finances of most renters in the city.
  - Tenoke 6y ago
    It was extremely misguided and the local government campaign was so focused on how much 'for the people of the city' it is that it never even mentioned things like the very significant chance it can't get cleared or that it will slow down building even more or that many of our flats will be put immediately on sale (which mine now is, along with graffiti by other tenants against it and declarations of 'war').
mxfh 6y ago
This applies to both sides, the so called shadow contracts might also be not enforcable in a lot of cases, be it for legal reason or private persons declaring bankruptcy. This uncertainty is the way bigger driver for the current situation, coming to conclussions from this about the effects of rent control is premature at best. This current situation of legal limbo is a phenomenon on it's own. Not even mentioning COVID.

by csomar 6y ago

Tenoke 6y ago

Yes. It even said so in the letter you get when the price was lowered. My rent was fairly 'overpriced' for the area so if it gets overturned I'll owe around 500e per month for every month that the law was in effect. Needless to say, most who lost their jobs and even many who didn't won't have the 5k or whatever it is in their case to give up suddenly. I guess if many of us find ourselves in debt here and can't rent because the debt means we cant ever pass the Schufa which every place checks then possibly that'll ironically help solve the housing crisis..

csomar 6y ago
Is it me, or it is just irresponsible to push this through before it gets legally cleared. You basically endangered the finances of most renters in the city.
- Tenoke 6y ago
  It was extremely misguided and the local government campaign was so focused on how much 'for the people of the city' it is that it never even mentioned things like the very significant chance it can't get cleared or that it will slow down building even more or that many of our flats will be put immediately on sale (which mine now is, along with graffiti by other tenants against it and declarations of 'war').

mxfh 6y ago

This applies to both sides, the so called shadow contracts might also be not enforcable in a lot of cases, be it for legal reason or private persons declaring bankruptcy. This uncertainty is the way bigger driver for the current situation, coming to conclussions from this about the effects of rent control is premature at best. This current situation of legal limbo is a phenomenon on it's own. Not even mentioning COVID.