More here: https://www.nytimes.com/2020/01/31/...ntrification-rent.html?smid=nytcore-ios-share
Bring something like this to Toronto, please
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Berlin Freezes Rents for 5 Years in a Bid to Slow Gentrification
- Thread starter Deleted member 431
- Start date
More here: https://www.nytimes.com/2020/01/31/...ntrification-rent.html?smid=nytcore-ios-share
Bring something like this to Toronto, please
oh dear those poor landlords. How will they profit endlessly for contributing nothing to society?
Ach Berlin. Was ist Berlin? Berlin ist die Stadt für die man sich als Deutscher auf internationaler Bühne schämen muss. Wenn man Berlin mit anderen europäischen Hauptstädten wie London, Paris, Madrid und Amsterdam vergleicht, treibt es jedem anständigen Menschen die Schamesröte ins Gesicht. Selbst kleine Länder wie Österreich, Belgien oder die Schweiz haben mit Wien, Brüssel und Zürich international vorzeigbare Städte mit hoher Lebensqualität. Deutschland ist gestraft mit Berlin, der Hauptstadt der Versager.
Weird as it may seem but this is fucking me over big time. Because landlords are picky as all fuck with this coming up.
This reads like a Karl Lagerfeld quote. I wouldn't be surprised if it actually is one.
So far, there doesn't seem to be one. Berlin is being governed by a coalition of center-left SPD, Greens and The Left, so they really seemed to try to put an end to this, no ifs and buts.
Obviously you have everyone from the other parties freaking the fuck out, with various lobby groups putting a lot of pressure on the issue, having recently started a huge marketing campaign plastering the city with posters claiming how this will destroy the city.
The rent go up in the total combination of 5 years rent increase.
It's a nice step. Probably won't fix the underlying issues though.
Article claims it might be unconstitutional, but I'm ignorant on Germany's condition.
Article claims it might be unconstitutional, but I'm ignorant on Germany's condition.
I don't know, people are worried that the loophole will be that this won't be enforced and I can vouch first hand that it has negative - albeit unintentionally so - consequences for people who are looking for a place to stay.
that's great now you just have to build more housing
rent control only helps the people who have a place to rent
rent control only helps the people who have a place to rent
Unless the freeze improves the economy in such a way that they can justify keeping it frozen (or managed)
If it stays permanent then nothing new will get built. I mean that's fine so long as the government takes up the slack and build more housing.
Whatever stock you have will likely stay as they are.
OP
OP
I would hope this is just one way in a larger plan they have to combat housing affordability. There's no one panacea, of course.
Yes there is: build more housing. Public, private, doesn't matter. Just build more housing. If government funded, then there should be almost no restrictions on who gets them either at the base level. No job requirements, no 'look for work' or schooling requirements, no drug tests, etc.
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https://en.wikipedia.org/wiki/Rent_regulation#Economics
Rent control is a highly contested measure and all the "poor landlord" takes in here are juvenile and short-sighted as fuck. You guys should stop browing chapo. If anything, the consensus is that it doesn't work as intended.
Rent control is a highly contested measure and all the "poor landlord" takes in here are juvenile and short-sighted as fuck. You guys should stop browing chapo. If anything, the consensus is that it doesn't work as intended.
I like Berlin, but what do I know. I visited it only once for half a week.
Anyway, München should definitely be next. I really would love living there, but not with those rent prices lol
It helps those that are already citizens of that particular area yes. What ends up happening is that the city either stagnates either via its housing stock or the residents opting to stay there as long as they want because they can't afford moving, severely limiting their mobility.
OP
OP
It's funny, as a millennial tech worker/carpet bagger I've benefited from rent control in every city I've lived in.
You just need to look a little longer to find the deals, or pay a broker fee.
Probably not the intended purpose, but I appreciate the wealth transfer!
You just need to look a little longer to find the deals, or pay a broker fee.
Probably not the intended purpose, but I appreciate the wealth transfer!
There is a good Vice video explaining secretive firms outside the country are purchasing all these buildings and price hiking the shit out of it. Not only in Berlin but elsewhere around the world.
Berlin beheimatet mit Abstand am meisten Arschlöcher in der gesamten Republik. Deutsche Bahn, Bundestag, Air Berlin (nicht mehr) und der Axel Springer Verlag sind nur einige Beispiele für den unfähigen Abschaum der hier beherbergt wird.
Glorreiche Zeit sind schon längst vorbei, diese Stadt liegt am Boden. Der Berliner an sich ist durch und durch ein fauler Lump. Charaktereigenschaften die in jedem zivilisierten Kulturkreis als pure Faulheit, Unfreundlichkeit, Unfähigkeit, dissoziale Persönlichkeitsstörung und Dummheit gelten, erklärt der Berliner kurzerhand zur Berliner Wesensart. Ein weiteres zentrales Merkmal ist der alles beherrschende Minderwertigkeitskomplex. Deswegen projiziert der Berliner auf jeden der in irgendeiner Weise besser ist als er, massive Hassgefühle. Besonders die ihm in allen Belangen haushoch überlegenen Süddeutschen sind ihm ein Dorn im Auge.
We'll see how this goes. There are already a bunch of landlords whining how this might ruin them. The government still needs to invest in building more affordable housing.
That's because the housing stock in those high demand cities are so poor that they are able to speculate and do this. They are the only ones able to afford the high asking prices and therefore only the ones able to dictate the prices of rentals as well. It's a symptom of the problem , which is severely low housing stock.
You don't see them doing that in Detroit or low tier cities.
The underlying issues there isn't the rent control but the rental markets reliance on private investors making huge profits.
Mad about us making fun of landlords, when most of the issues from rental market from your wikipedia source is landlords taking their ball home. Oh no they're not gonna be building more luxury condos I can't afford because the rate of return on your investment is too low :(.
I feel like pension funds and the like should be the landlords rather than individuals. Would make for a way fairer system.
OP
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It is quite strange how we agree that free market healthcare and private healthcare companies are a disaster, but expect the private industry and real estate corporations to save us with housing.
I've worked in real estate for about 10 years now, if I've learned anything they won't do shit to help you.
Lmao at the "chapo" dismissal. As if everyone who argues that landlords are mostly scum are chapo listeners. Hell, even Smith thought landlords eere scum.
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The other side of this is that government regulations make it so that luxury condos are the only profitable segment of that market. Case In point is California and SF in particular.
Environmental laws are being used to full effect by many NIMBYs. It doesn't make sense to have lengthy environmental reviews on an asphalt parking law in the middle of a downtown core.
They won't save us but the government can also help by not making it too hard to get anything built at all. In fact the government should start building more.
