Far-left party wins Berlin election, pledging to nationalise housing
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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
4gotunameagain · · focus · HN ↗
Rent extraction is utterly counterproductive for a society.
Housing should not be a commodity.
WithinReason · · focus · HN ↗
mschuster91 · · focus · HN ↗
IshKebab · · focus · HN ↗
vrganj · · focus · HN ↗
<a href="https://www.theguardian.com/lifeandstyle/2024/jan/10/the-social-housing-secret-how-vienna-became-the-worlds-most-livable-city" rel="nofollow">https://www.theguardian.com/lifeandstyle/2024/jan/10/the-soc...
WithinReason · · focus · HN ↗
> an income maximum for applicants of €57,600
and can't be bought, only rented
mschuster91 · · focus · HN ↗
as for the "only rented" part, again, at this level of low rent it does not matter. you're better off renting. And Europeans have actual pension systems, we are nowhere near as reliant on real estate always appreciating in value.
ImPleadThe5th · · focus · HN ↗
Also government formed co-ops. Find people who want a flat and agree on rent before you build it. As the loan is paid off rent becomes substantially cheaper. The second best time to plant a tree is today.
It also doesn't need to be the entire housing stock, just enough to help keep rent low (see Vienna).