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.
spankalee · · focus · HN ↗
Housing right now is the opposite of a commodity: it's a boutique investment for individuals whose price is propped up by regulations that artificially limit supply.
repsilat · · focus · HN ↗
>> The "free market" (which has been demonstrated to not be free at all)
The Berlin rental market suffers under strong government intervention, and would benefit from being much freer.
4gotunameagain · · focus · HN ↗
- Tax empty flats to death
- Disallow corporate ownership of residential property
4gotunameagain · · focus · HN ↗
That enables mass buyouts of housing from corporation which leads to rent extraction and a myriad of woes.
spankalee · · focus · HN ↗
It's not corporate lawyers who show up to protest new housing, it's retiree homeowners.