2 ms·
Berlin and other cities sold off their public housing to pay for their budget deficits. Generally, there are housing cooperatives in Germany, and they have sign
by luckylion 6y ago
Berlin and other cities sold off their public housing to pay for their budget deficits. Generally, there are housing cooperatives in Germany, and they have significant amounts of apartments. Not close to being as big as the largest private companies, but 3000-5000 apartments aren't rare. You become a member and buy shares, and their purpose is to provide housing to their members, they're very affordable and all around pretty great (not as profit-oriented as the private companies, not as bureaucratic as the public stuff).
I'd prefer those over public housing very much because only with them, the interests between the renter and the landlord are aligned, and they're not part of the state and can therefore not be used (or sold) by political decisions.