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Before knee jerk reacting to this 1. 60% of the Berlin population voted for nationalising (expropriating) apartments from major landlords in a referendum - thi

Before knee jerk reacting to this 1. 60% of the Berlin population voted for nationalising (expropriating) apartments from major landlords in a referendum - this is a bipartisan issue 2. This only affects entities with 3000 or more apartments

throwawaydeutsc 12d ago
> 1. 60% of the Berlin population voted for nationalising (expropriating) apartments from major landlords in a referendum - this is a bipartisan issue There's no bi-partisan thing around it: It was the fact that the city has a spcific demographic that voted for it, but the constitutional court revoked it. Another point: Even during the campaign the group did not explain how it would work given that most of the payments would need to be done at current market rates and the constitutional court will not pass it for obvious reasons. And on top of that, good luck to make all other states paying it and hoping that the Länderfinanzausgleich will stand.
- 698969 12d ago
  The constitutional court revoked the "Mietendeckel" law which is a different one (rental cap for all apartments in the city). This sort of nationalisation has never been to trial.
  - mfru 12d ago
    Also, German law recognises legal expropriation
poilcn 12d ago
Entity = owner?
- rkachowski 12d ago
  realistically a large corporation or concern
aurareturn 12d ago
If I'm an entity that has 3000 or more apartments, I would have sold long ago to get to 2999. Basically as soon as I heard rumors of this law, I would have started selling.
- WithinReason 12d ago
  Or just split into multiple entities with 2999 houses each
  - Jamesbeam 12d ago
    Happened before with a guy having a meat processing empire in Germany. The guy is notoriously known for paying below minimum wage and setting the worst working conditions possible to maximize profits. They made a law that forced companies in the meat processing industry to have certain standards if they reach a certain number of employees. So he opened 250 companies on a weekend and split up the workforce to stay below the limits. Then they just changed the law to declare multiple entities with below the limit they set under same ownership to become a "super entity" with even stricter regulations. The government has the monopoly on violence of any form. That does not just include that they can send the police after you to hit you with batons, they can also make sure you’re drowning in administrative work and taxing the shit out of you, and the guy threatened to leave the country and just open meat processing in Poland and Bulgaria as well. In the end, all his threats to leave the country and just do the whole processing in Poland and Bulgaria were empty. They simply told him someone else will just take over, because the profit was still great after the new regulations, and they were going to ban him from doing business on the German market by simply banning his product for food safety reasons. This is the same thing with a different product. Investors threaten to no longer invest and build housing, but they will just fall in line and shut up in the end, because capitalism dictates that if you no longer want to make good profits because they took away your ability to make ridiculous profits, someone else will just do your business under the new conditions and gladly take the good money over no money at all.

throwawaydeutsc 12d ago

> 1. 60% of the Berlin population voted for nationalising (expropriating) apartments from major landlords in a referendum - this is a bipartisan issue There's no bi-partisan thing around it: It was the fact that the city has a spcific demographic that voted for it, but the constitutional court revoked it. Another point: Even during the campaign the group did not explain how it would work given that most of the payments would need to be done at current market rates and the constitutional court will not pass it for obvious reasons. And on top of that, good luck to make all other states paying it and hoping that the Länderfinanzausgleich will stand.

698969 12d ago
The constitutional court revoked the "Mietendeckel" law which is a different one (rental cap for all apartments in the city). This sort of nationalisation has never been to trial.
- mfru 12d ago
  Also, German law recognises legal expropriation

poilcn 12d ago

Entity = owner?

rkachowski 12d ago
realistically a large corporation or concern

aurareturn 12d ago

If I'm an entity that has 3000 or more apartments, I would have sold long ago to get to 2999. Basically as soon as I heard rumors of this law, I would have started selling.

WithinReason 12d ago
Or just split into multiple entities with 2999 houses each
- Jamesbeam 12d ago
  Happened before with a guy having a meat processing empire in Germany. The guy is notoriously known for paying below minimum wage and setting the worst working conditions possible to maximize profits. They made a law that forced companies in the meat processing industry to have certain standards if they reach a certain number of employees. So he opened 250 companies on a weekend and split up the workforce to stay below the limits. Then they just changed the law to declare multiple entities with below the limit they set under same ownership to become a "super entity" with even stricter regulations. The government has the monopoly on violence of any form. That does not just include that they can send the police after you to hit you with batons, they can also make sure you’re drowning in administrative work and taxing the shit out of you, and the guy threatened to leave the country and just open meat processing in Poland and Bulgaria as well. In the end, all his threats to leave the country and just do the whole processing in Poland and Bulgaria were empty. They simply told him someone else will just take over, because the profit was still great after the new regulations, and they were going to ban him from doing business on the German market by simply banning his product for food safety reasons. This is the same thing with a different product. Investors threaten to no longer invest and build housing, but they will just fall in line and shut up in the end, because capitalism dictates that if you no longer want to make good profits because they took away your ability to make ridiculous profits, someone else will just do your business under the new conditions and gladly take the good money over no money at all.