Far-left party wins Berlin election, pledging to nationalise housing
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Unofficial Hacker News client; not affiliated with Y Combinator.
Far-left party wins Berlin election, pledging to nationalise housing
Unofficial Hacker News client; not affiliated with Y Combinator.
soonnow · · focus · HN ↗
And they can't govern alone, so I think it's unlikely that this plan is actually implemented as originally planned. The likely coalition would contain 3 parties.
dirasieb · · focus · HN ↗
sound logic
paganel · · focus · HN ↗
giacomoforte · · focus · HN ↗
698969 · · focus · HN ↗
They don't care about the elasticity of the market, or the demand from people who would want to live in Berlin in the future.
They already have an apartment, and at pretty low prices because nearly everything built before 2014 is subject to rent control,
I'd guess most people just voted for it because in their eyes "government promised to take apartment from my landlord and lower my rent even more".