Far-left party wins Berlin election, pledging to nationalise housing
Thread
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.
rkachowski · · focus · HN ↗
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 · · focus · HN ↗
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 · · focus · HN ↗
This sort of nationalisation has never been to trial.
mfru · · focus · HN ↗