Rent Freeze #4: How To F#€k Up A Mietendeckel
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Description
The Berlin Mietendeckel experiment is finished. The city’s revolutionary attempt to freeze rental prices for five years, and reduce overpriced leases, has been killed off by Germany’s highest court. The decision has unleashed a political storm. Everyone is angry - but who will voters punish? The R2G parties who tried to regulate rents? Or their opponents, the CDU and FDP who successfully derailed the project? We make the case for why each side is to blame. There’s a big bill to pay, as hundreds of thousands of Berliners now face back-payments, higher rents and permanent shadow contracts. We’ll run the numbers on the potential local economic crisis that could follow. What hope is there left for affordable housing? And what can the rest of the world learn from Berlin’s short-lived rental revolution? The experiment is over. Now it’s time to analyze the results.
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