Current Events > Berlin residents vote to nationalise mega-landlords

Topic List	Page List: 1, 2
teep_ 09/27/21 10:12:45 AM #1:	https://www.dw.com/en/germany-berlin-locals-vote-to-expropriate-real-estate-giants/a-59315431 Berliners cast their referendum votes on whether to nationalize thousands of housing units owned by real estate giants. After counting all votes, over 56% voted in favor of the measure. Voters in the German capital, Berlin, alongside casting ballots for the makeup of the new German parliament and for their local legislature, also took part in a referendum on whether to force large real estate companies to sell off most of their housing units. The "yes" vote garnered 56.4% while the "no" vote received 39% in the non-binding referendum. [...] The measure required a simple majority to pass as well as a "yes" vote from at least a quarter of all eligible voters, but, even if it does pass, that would only force the incoming Berlin city-state government to debate the proposal. [...] The vote was the result of a grassroots campaign to "Expropriate Deutsche Wohnen and Co." A successful vote would open the way for the Berlin Senate to devise a law that would allow for expropriation of real estate companies with more than 3,000 housing units. Companies would be reimbursed for the properties at a rate "well below market value," according to the campaign. The vote came after German's constitutional court overturned a rent cap introduced in the capital city by the ruling left-leaning coalition. Housing and rental prices have been a major issue for Berlin residents because of high prices. Campaigners believe that the legislation would be constitutionally compatible with Germany's Basic Law under the never-before-used Article 15, which states: "Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation." King shit --- i believe we can fly up in the sky <cite>teep_ posted [p:958460947] in Berlin res... [t:79681950]...</cite> <quote>https://www.dw.com/en/germany-berlin-locals-vote-to-expropriate-real-estate-giants/a-59315431 <quote>Berliners cast their referendum votes on whether to nationalize thousands of housing units owned by real estate giants. After counting all votes, over 56% voted in favor of the measure. Voters in the German capital, Berlin, alongside casting ballots for the makeup of the new German parliament and for their local legislature, also took part in a referendum on whether to force large real estate companies to sell off most of their housing units. The "yes" vote garnered 56.4% while the "no" vote received 39% in the non-binding referendum. [...] The measure required a simple majority to pass as well as a "yes" vote from at least a quarter of all eligible voters, but, even if it does pass, that would only force the incoming Berlin city-state government to debate the proposal. [...] The vote was the result of a grassroots campaign to "Expropriate Deutsche Wohnen and Co." A successful vote would open the way for the Berlin Senate to devise a law that would allow for expropriation of real estate companies with more than 3,000 housing units. Companies would be reimbursed for the properties at a rate "well below market value," according to the campaign. The vote came after German's constitutional court overturned a rent cap introduced in the capital city by the ruling left-leaning coalition. Housing and rental prices have been a major issue for Berlin residents because of high prices. Campaigners believe that the legislation would be constitutionally compatible with Germany's Basic Law under the never-before-used Article 15, which states: "Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation."</quote> King shit </quote> ... Copied to Clipboard!
PatrickMahomes 09/27/21 10:15:36 AM #2:	tag --- https://imgur.com/cEQy3f4 / https://imgur.com/gWKaLHC <cite>PatrickMahomes posted [p:958461012] in Berlin res... [t:79681950]...</cite> <quote>tag </quote> ... Copied to Clipboard!
Intro2Logic 09/27/21 10:17:14 AM #3:	That's wassup --- Have you tried thinking rationally? <cite>Intro2Logic posted [p:958461053] in Berlin res... [t:79681950]...</cite> <quote>That's wassup </quote> ... Copied to Clipboard!
IShall_Run_Amok 09/27/21 10:20:34 AM #4:	Wonderful. --- Hard times (happiest days of my life) hard times gone by <cite>IShall_Run_Amok posted [p:958461137] in Berlin res... [t:79681950]...</cite> <quote>Wonderful. </quote> ... Copied to Clipboard!
Antifar 09/27/21 10:22:51 AM #5:	Gott Bless --- kin to all that throbs <cite>Antifar posted [p:958461180] in Berlin res... [t:79681950]...</cite> <quote>Gott Bless </quote> ... Copied to Clipboard!
Jagr_68 09/27/21 10:23:26 AM #6:	Meanwhile in America... blowjob sounds --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:958461194] in Berlin res... [t:79681950]...</cite> <quote>Meanwhile in America... blowjob sounds </quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 10:45:40 AM #7:	...and no apartment building was ever built again in Berlin. <cite>Questionmarktarius posted [p:958461756] in Berlin res... [t:79681950]...</cite> <quote>...and no apartment building was ever built again in Berlin. </quote> ... Copied to Clipboard!
teep_ 09/27/21 12:27:28 PM #8:	Questionmarktarius posted... ...and no apartment building was ever built again in Berlin. always the pessimist --- i believe we can fly up in the sky <cite>teep_ posted [p:958464469] in Berlin res... [t:79681950]...</cite> <quote>Questionmarktarius posted...</cite> <quote>...and no apartment building was ever built again in Berlin.</quote> always the pessimist</quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 12:34:22 PM #9:	teep_ posted... always the pessimist Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented. <cite>Questionmarktarius posted [p:958464624] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>always the pessimist</quote>Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented. </quote> ... Copied to Clipboard!
averagejoel 09/27/21 12:40:10 PM #10:	teep_ posted... always the pessimist nah, he just drastically overestimates the extent to which people are motivated by money --- peanut butter and dick <cite>averagejoel posted [p:958464798] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>always the pessimist</quote>nah, he just drastically overestimates the extent to which people are motivated by money </quote> ... Copied to Clipboard!
Machete 09/27/21 12:44:39 PM #11:	Jagr_68 posted... Meanwhile in America... blowjob sounds lol --- I do not receive notifications, so using the @ feature will not do anything. I might see your post and respond though if I have already been in the topic. <cite>Machete posted [p:958464933] in Berlin res... [t:79681950]...</cite> <quote>Jagr_68 posted...</cite> <quote>Meanwhile in America... blowjob sounds </quote> lol</quote> ... Copied to Clipboard!
Dat_Cracka_Jax 09/27/21 12:47:34 PM #12:	Questionmarktarius posted... Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented. Probably --- http://img826.imageshack.us/img826/8131/flame201010170949481638.jpg http://img705.imageshack.us/img705/5517/cateyes.gif Rams: 7-9 <cite>Dat_Cracka_Jax posted [p:958465015] in Berlin res... [t:79681950]...</cite> <quote>Questionmarktarius posted... </cite> <quote>Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented.</quote>Probably </quote> ... Copied to Clipboard!
Ilishe 09/27/21 12:50:17 PM #13:	teep_ posted... "Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation." Or 'we can take this from you and we decide how much to pay you'. This is communism btw. --- ~Phoenix Nine~ ~Victory needs no explanation; defeat allows none.~ <cite>Ilishe posted [p:958465086] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>"Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation."</quote> Or 'we can take this from you and we decide how much to pay you'. This is communism btw. </quote> ... Copied to Clipboard!
teep_ 09/27/21 1:30:25 PM #14:	Questionmarktarius posted... teep_ posted... always the pessimist Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented. That's more like it averagejoel posted... teep_ posted... always the pessimist nah, he just drastically overestimates the extent to which people are motivated by money Corporations are motivated by money though. That's why we need big government in order to limit their power Ilishe posted... teep_ posted... "Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation." Or 'we can take this from you and we decide how much to pay you'. This is communism btw. OK, and? --- i believe we can fly up in the sky <cite>teep_ posted [p:958466180] in Berlin res... [t:79681950]...</cite> <quote>Questionmarktarius posted...</cite> <quote>teep_ posted... </cite> <quote> always the pessimist</quote>Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented.</quote> That's more like it averagejoel posted...</cite> <quote>teep_ posted... </cite> <quote> always the pessimist</quote>nah, he just drastically overestimates the extent to which people are motivated by money</quote> Corporations are motivated by money though. That's why we need big government in order to limit their power Ilishe posted...</cite> <quote>teep_ posted... </cite> <quote> "Land, natural resources and means of production may, for the purpose of nationalization, be transferred to public ownership or other forms of public enterprise by a law that determines the nature and extent of compensation."</quote> Or 'we can take this from you and we decide how much to pay you'. This is communism btw. </quote> OK, and?</quote> ... Copied to Clipboard!
IShall_Run_Amok 09/27/21 1:35:54 PM #15:	Ilishe posted... Or 'we can take this from you and we decide how much to pay you'. This is communism btw. Sweet. --- Hard times (happiest days of my life) hard times gone by <cite>IShall_Run_Amok posted [p:958466323] in Berlin res... [t:79681950]...</cite> <quote>Ilishe posted... </cite> <quote>Or 'we can take this from you and we decide how much to pay you'. This is communism btw.</quote>Sweet. </quote> ... Copied to Clipboard!
ToadallyAwesome 09/27/21 1:58:09 PM #16:	Ilishe posted... Or 'we can take this from you and we decide how much to pay you'. This is communism btw. Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist. --- https://imgur.com/QKdxwuI <cite>ToadallyAwesome posted [p:958466879] in Berlin res... [t:79681950]...</cite> <quote>Ilishe posted... </cite> <quote>Or 'we can take this from you and we decide how much to pay you'. This is communism btw.</quote> Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist. </quote> ... Copied to Clipboard!
teep_ 09/27/21 2:01:18 PM #17:	@CookieMarvin --- i believe we can fly up in the sky <cite>teep_ posted [p:958466954] in Berlin res... [t:79681950]...</cite> <quote>@CookieMarvin</quote> ... Copied to Clipboard!
Ilishe 09/27/21 2:16:33 PM #18:	ToadallyAwesome posted... Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist. It's practical communism but I wouldn't expect pampered, sheltered people such as yourself to know anything about reality. --- ~Phoenix Nine~ ~Victory needs no explanation; defeat allows none.~ <cite>Ilishe posted [p:958467314] in Berlin res... [t:79681950]...</cite> <quote>ToadallyAwesome posted... </cite> <quote>Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist.</quote> It's practical communism but I wouldn't expect pampered, sheltered people such as yourself to know anything about reality. </quote> ... Copied to Clipboard!
ThePrinceFish 09/27/21 2:18:25 PM #19:	averagejoel posted... nah, he just drastically overestimates the extent to which people are motivated by money Guffaw --- Then shall the righteous shine forth as the sun in the kingdom of their Father. Who hath ears to hear, let him hear. <cite>ThePrinceFish posted [p:958467371] in Berlin res... [t:79681950]...</cite> <quote>averagejoel posted... </cite> <quote>nah, he just drastically overestimates the extent to which people are motivated by money</quote>Guffaw </quote> ... Copied to Clipboard!
Antifar 09/27/21 2:20:06 PM #20:	Technically it's municipalizing --- kin to all that throbs <cite>Antifar posted [p:958467418] in Berlin res... [t:79681950]...</cite> <quote>Technically it's municipalizing </quote> ... Copied to Clipboard!
averagejoel 09/27/21 2:41:27 PM #21:	ToadallyAwesome posted... Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist. he thinks everything is communism --- peanut butter and dick <cite>averagejoel posted [p:958468067] in Berlin res... [t:79681950]...</cite> <quote>ToadallyAwesome posted... </cite> <quote>Its not even remotely communism. But you know that deep down. and if you dont? Please just read a wiki page. The blurb at the top should be concise enough for anyone to get the gist.</quote>he thinks everything is communism </quote> ... Copied to Clipboard!
s0nicfan 09/27/21 2:58:14 PM #22:	Given that this is a non-binding resolution, which effectively acts as an early warning to these companies, won't this cause a complete housing market collapse as every single one of these businesses dumps as many properties as possible to try and get under that threshold before the government takes it for, according to the article, well below market value? --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:958468517] in Berlin res... [t:79681950]...</cite> <quote>Given that this is a non-binding resolution, which effectively acts as an early warning to these companies, won't this cause a complete housing market collapse as every single one of these businesses dumps as many properties as possible to try and get under that threshold before the government takes it for, according to the article, well below market value? </quote> ... Copied to Clipboard!
teep_ 09/27/21 3:09:59 PM #23:	How so? It's not like the properties themselves will magically cease to exist --- i believe we can fly up in the sky <cite>teep_ posted [p:958468872] in Berlin res... [t:79681950]...</cite> <quote>How so? It's not like the properties themselves will magically cease to exist</quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 3:13:15 PM #24:	teep_ posted... cease to exist oh damn. didn't even consider that. <cite>Questionmarktarius posted [p:958468989] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>cease to exist</quote>oh damn. didn't even consider that. </quote> ... Copied to Clipboard!
s0nicfan 09/27/21 3:18:18 PM #25:	teep_ posted... How so? It's not like the properties themselves will magically cease to exist What exactly do you think will happen when a hundred thousand properties are put on the market the same time? And no, that's not an exaggeration. According to the article, just one of the management companies holds 113,000 properties, which would mean they would have to dump 110,000 of them to avoid having them seized by the state at a significant loss. When that happens, regular property owners around those properties will also see the value of their homes collapse, creating a ripple effect where everyone who owns property ends up deeply underwater and perpetually in debt, which significantly reduces the number of buyers as people become trapped in whatever property they're in now. Now you're in a situation where homeowners all across the city end up in a house worth tens of thousands hundreds of thousands less than their mortgage. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:958469159] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>How so? It's not like the properties themselves will magically cease to exist</quote> What exactly do you think will happen when a hundred thousand properties are put on the market the same time? And no, that's not an exaggeration. According to the article, just one of the management companies holds 113,000 properties, which would mean they would have to dump 110,000 of them to avoid having them seized by the state at a significant loss. When that happens, regular property owners around those properties will also see the value of their homes collapse, creating a ripple effect where everyone who owns property ends up deeply underwater and perpetually in debt, which significantly reduces the number of buyers as people become trapped in whatever property they're in now. Now you're in a situation where homeowners all across the city end up in a house worth tens of thousands hundreds of thousands less than their mortgage. </quote> ... Copied to Clipboard!
Kaiganeer 09/27/21 3:19:18 PM #26:	teep_ posted... non-binding referendum <cite>Kaiganeer posted [p:958469196] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>non-binding referendum</quote> </quote> ... Copied to Clipboard!
DeadBankerDream 09/27/21 3:21:55 PM #27:	Sounds like a bad idea to me, but I'd love to be proven wrong. Also I don't remember the specific issue Berlin had with housing, so I'm also speaking from a position of ignorance. But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. I imagine Berlin is rather split in terms of ideological lines for... obvious reasons. --- "That thick shaft that causes women to shudder!" <cite>DeadBankerDream posted [p:958469288] in Berlin res... [t:79681950]...</cite> <quote>Sounds like a bad idea to me, but I'd love to be proven wrong. Also I don't remember the specific issue Berlin had with housing, so I'm also speaking from a position of ignorance. But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. I imagine Berlin is rather split in terms of ideological lines for... obvious reasons. </quote> ... Copied to Clipboard!
TerraSeeker 09/27/21 3:24:40 PM #28:	Great. So now they're subservient to the state instead. --- Your words are as empty as your soul <cite>TerraSeeker posted [p:958469369] in Berlin res... [t:79681950]...</cite> <quote>Great. So now they're subservient to the state instead. </quote> ... Copied to Clipboard!
shironinja 09/27/21 3:27:12 PM #29:	This is how Judge Dredd can still win. --- Now or never. <cite>shironinja posted [p:958469445] in Berlin res... [t:79681950]...</cite> <quote>This is how Judge Dredd can still win. </quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 3:27:23 PM #30:	DeadBankerDream posted... But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. Unless the city government is overwhelmingly far-far-left, it's not going to be willing to shift properties that generate annual real-estate taxes into a public tax-devouring liability. <cite>Questionmarktarius posted [p:958469453] in Berlin res... [t:79681950]...</cite> <quote>DeadBankerDream posted... </cite> <quote>But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature.</quote>Unless the city government is overwhelmingly far-far-left, it's not going to be willing to shift properties that generate annual real-estate taxes into a public tax-devouring liability. </quote> ... Copied to Clipboard!
teep_ 09/27/21 3:32:50 PM #31:	Questionmarktarius posted... DeadBankerDream posted... But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. Unless the city government is overwhelmingly far-far-left, it's not going to be willing to shift properties that generate annual real-estate taxes into a public tax-devouring liability. The Berlin government ruled in favour of a rent cap, until it was struck down by the courts. And the same party was voted back into power --- i believe we can fly up in the sky <cite>teep_ posted [p:958469618] in Berlin res... [t:79681950]...</cite> <quote>Questionmarktarius posted...</cite> <quote>DeadBankerDream posted... </cite> <quote> But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature.</quote>Unless the city government is overwhelmingly far-far-left, it's not going to be willing to shift properties that generate annual real-estate taxes into a public tax-devouring liability.</quote> The Berlin government ruled in favour of a rent cap, until it was struck down by the courts. And the same party was voted back into power</quote> ... Copied to Clipboard!
teep_ 09/27/21 3:34:47 PM #32:	s0nicfan posted... everyone who owns property ends up deeply underwater and perpetually in debt, which significantly reduces the number of buyers as people become trapped in whatever property they're in now I don't see how one leads to the other. This was primarily about rent prices, not buying properties DeadBankerDream posted... Sounds like a bad idea to me, but I'd love to be proven wrong. Also I don't remember the specific issue Berlin had with housing, so I'm also speaking from a position of ignorance. But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. I imagine Berlin is rather split in terms of ideological lines for... obvious reasons. See my above post. Berlin is surprisingly left wing considering where it is --- i believe we can fly up in the sky <cite>teep_ posted [p:958469681] in Berlin res... [t:79681950]...</cite> <quote>s0nicfan posted...</cite> <quote>everyone who owns property ends up deeply underwater and perpetually in debt, which significantly reduces the number of buyers as people become trapped in whatever property they're in now</quote> I don't see how one leads to the other. This was primarily about rent prices, not buying properties DeadBankerDream posted...</cite> <quote>Sounds like a bad idea to me, but I'd love to be proven wrong. Also I don't remember the specific issue Berlin had with housing, so I'm also speaking from a position of ignorance. But I'd be curious to hear what the likelyhood of a referendum with no legal binding has of moving the city's legislature. I imagine Berlin is rather split in terms of ideological lines for... obvious reasons. </quote> See my above post. Berlin is surprisingly left wing considering where it is</quote> ... Copied to Clipboard!
ScazarMeltex 09/27/21 3:35:07 PM #33:	Good. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:958469693] in Berlin res... [t:79681950]...</cite> <quote>Good. </quote> ... Copied to Clipboard!
s0nicfan 09/27/21 3:38:15 PM #34:	teep_ posted... I don't see how one leads to the other. This was primarily about rent prices, not buying properties Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property. They're intrinsically linked. If you live next to a rental property, and that property suddenly gets devalued by a significant margin, YOUR property will get devalued by a significant margin as the overall value of property in the area collapses. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:958469778] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>I don't see how one leads to the other. This was primarily about rent prices, not buying properties</quote> Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property. They're intrinsically linked. If you live next to a rental property, and that property suddenly gets devalued by a significant margin, YOUR property will get devalued by a significant margin as the overall value of property in the area collapses. </quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 3:38:43 PM #35:	teep_ posted... The Berlin government ruled in favour of a rent cap, until it was struck down by the courts. Rent-controlled properties still generate property tax - even more so as a bunch of them are inevitably converted to condos or luxury units. <cite>Questionmarktarius posted [p:958469791] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>The Berlin government ruled in favour of a rent cap, until it was struck down by the courts.</quote>Rent-controlled properties still generate property tax - even more so as a bunch of them are inevitably converted to condos or luxury units. </quote> ... Copied to Clipboard!
teep_ 09/27/21 3:43:44 PM #36:	s0nicfan posted... Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property. Exactly. That someone else being the government, who would rent them out at lower prices Questionmarktarius posted... teep_ posted... The Berlin government ruled in favour of a rent cap, until it was struck down by the courts. Rent-controlled properties still generate property tax - even more so as a bunch of them are inevitably converted to condos or luxury units. Fair enough. Though I guess I'm optimistic/nave --- i believe we can fly up in the sky <cite>teep_ posted [p:958469927] in Berlin res... [t:79681950]...</cite> <quote>s0nicfan posted...</cite> <quote>Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property.</quote> Exactly. That someone else being the government, who would rent them out at lower prices Questionmarktarius posted...</cite> <quote>teep_ posted... </cite> <quote> The Berlin government ruled in favour of a rent cap, until it was struck down by the courts.</quote>Rent-controlled properties still generate property tax - even more so as a bunch of them are inevitably converted to condos or luxury units.</quote> Fair enough. Though I guess I'm optimistic/nave</quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 4:04:41 PM #37:	teep_ posted... Though I guess I'm optimistic/nave It's much more fun to be pessimistic/cynical. <cite>Questionmarktarius posted [p:958470497] in Berlin res... [t:79681950]...</cite> <quote>teep_ posted... </cite> <quote>Though I guess I'm optimistic/nave</quote>It's much more fun to be pessimistic/cynical. </quote> ... Copied to Clipboard!
g980 09/27/21 4:11:37 PM #38:	Stealing private property is bad jfc --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:958470733] in Berlin res... [t:79681950]...</cite> <quote>Stealing private property is bad jfc</quote> ... Copied to Clipboard!
Alteres 09/27/21 4:13:31 PM #39:	Jagr_68 posted... Meanwhile in America... blowjob sounds Theyre still not actually doing anything, and the only legal thing that happened recently was their Supreme Court ruled a rent cap was unconstitutional. --- ........the ghost in the machine... IGN: Fox, FC: 5344-2646-0982 <cite>Alteres posted [p:958470793] in Berlin res... [t:79681950]...</cite> <quote>Jagr_68 posted... </cite> <quote>Meanwhile in America... blowjob sounds</quote>Theyre still not actually doing anything, and the only legal thing that happened recently was their Supreme Court ruled a rent cap was unconstitutional. </quote> ... Copied to Clipboard!
MrToothHasYou 09/27/21 4:20:46 PM #40:	Any more based and the CIA would intercede --- An Injury to One is an Injury to All https://iww.org/ <cite>MrToothHasYou posted [p:958471048] in Berlin res... [t:79681950]...</cite> <quote>Any more based and the CIA would intercede </quote> ... Copied to Clipboard!
teep_ 09/27/21 4:32:23 PM #41:	Alteres posted... Jagr_68 posted... Meanwhile in America... blowjob sounds Theyre still not actually doing anything, and the only legal thing that happened recently was their Supreme Court ruled a rent cap was unconstitutional. I mean, before that they passed the rent cap in the first place And it's the same party in power again in Berlin --- i believe we can fly up in the sky <cite>teep_ posted [p:958471424] in Berlin res... [t:79681950]...</cite> <quote>Alteres posted...</cite> <quote> Jagr_68 posted... </cite> <quote> Meanwhile in America... blowjob sounds </quote>Theyre still not actually doing anything, and the only legal thing that happened recently was their Supreme Court ruled a rent cap was unconstitutional.</quote> I mean, before that they passed the rent cap in the first place And it's the same party in power again in Berlin</quote> ... Copied to Clipboard!
ColdOne666 09/27/21 4:40:05 PM #42:	Questionmarktarius posted... Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented. --- Aussie Aussie Aussie OI OI OI! <cite>ColdOne666 posted [p:958471654] in Berlin res... [t:79681950]...</cite> <quote>Questionmarktarius posted... </cite> <quote>Oh fine. Expect developers to build 2999 units, and then stop. Maybe spin-off a "totally not the same company!" GmbH every now and then. Also there is going to be a very rapid spate of selloffs, spinoffs, condo-conversions, connecting doorways, or "uninhabitable unit" declarations to bring every developer down to exactly 2999 units right before this is implemented.</quote> </quote> ... Copied to Clipboard!
Alteres 09/27/21 4:43:38 PM #43:	If the Supreme Court threw out a rent cap you think they would allow this? --- ........the ghost in the machine... IGN: Fox, FC: 5344-2646-0982 <cite>Alteres posted [p:958471771] in Berlin res... [t:79681950]...</cite> <quote> If the Supreme Court threw out a rent cap you think they would allow this? </quote> ... Copied to Clipboard!
s0nicfan 09/27/21 4:57:04 PM #44:	Alteres posted... If the Supreme Court threw out a rent cap you think they would allow this? To be specific, their SC ruled that a city can't institute a rent cap because that has to happen at the federal level, not that a rent cap itself is unconstitutional. IIRC in that case there was already a national rent cap and Berlin tried to supercede the federal cap with their own, lower cap. So the SC position on that particular ruling doesn't automatically rule out the constitutionality of what Berlin is trying to do here, but it could likely be rejected on the same grounds. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:958472182] in Berlin res... [t:79681950]...</cite> <quote>Alteres posted... </cite> <quote>If the Supreme Court threw out a rent cap you think they would allow this?</quote> To be specific, their SC ruled that a city can't institute a rent cap because that has to happen at the federal level, not that a rent cap itself is unconstitutional. IIRC in that case there was already a national rent cap and Berlin tried to supercede the federal cap with their own, lower cap. So the SC position on that particular ruling doesn't automatically rule out the constitutionality of what Berlin is trying to do here, but it could likely be rejected on the same grounds. </quote> ... Copied to Clipboard!
Broseph_Stalin 09/27/21 4:59:10 PM #45:	Remember a year ago when they introduced rent control which was definitely going to solve the housing crisis there? Well that actually backfired so now they want to do something even dumber. NIMBYs never learn. Luckily this vote isn't legally binding and I don't think the Berlin government is dumb enough to go through with it. <cite>Broseph_Stalin posted [p:958472239] in Berlin res... [t:79681950]...</cite> <quote>Remember a year ago when they introduced rent control which was definitely going to solve the housing crisis there? Well that actually backfired so now they want to do something even dumber. NIMBYs never learn. Luckily this vote isn't legally binding and I don't think the Berlin government is dumb enough to go through with it. </quote> ... Copied to Clipboard!
Gwynevere 09/27/21 5:11:50 PM #46:	MrToothHasYou posted... Any more based and the CIA would intercede Facts --- A hunter is a hunter...even in a dream <cite>Gwynevere posted [p:958472594] in Berlin res... [t:79681950]...</cite> <quote>MrToothHasYou posted... </cite> <quote>Any more based and the CIA would intercede</quote>Facts </quote> ... Copied to Clipboard!
Shishiwakamaru 09/27/21 5:33:12 PM #47:	I keep reading this as Biden residents >_> --- Tell her about it! <cite>Shishiwakamaru posted [p:958473262] in Berlin res... [t:79681950]...</cite> <quote>I keep reading this as Biden residents >_> </quote> ... Copied to Clipboard!
SoggyBottomBoy 09/27/21 5:34:21 PM #48:	averagejoel posted... nah, he just drastically overestimates the extent to which people are motivated by money Lots of people do this. Its really unfortunate. --- Fingah POP'n each otha's <cite>SoggyBottomBoy posted [p:958473301] in Berlin res... [t:79681950]...</cite> <quote>averagejoel posted... </cite> <quote>nah, he just drastically overestimates the extent to which people are motivated by money</quote>Lots of people do this. Its really unfortunate. </quote> ... Copied to Clipboard!
Anteaterking 09/27/21 5:54:59 PM #49:	s0nicfan posted... Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property. They're intrinsically linked. If you live next to a rental property, and that property suddenly gets devalued by a significant margin, YOUR property will get devalued by a significant margin as the overall value of property in the area collapses. Is that incompatible with the belief behind the bill though? Isn't the motivation behind "stop mega landlords from owning everything" that you're viewing housing as a important thing for people to have rather than an investment opportunity? --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:958473895] in Berlin res... [t:79681950]...</cite> <quote>s0nicfan posted... </cite> <quote>Rent prices driven by companies that own the property, which would get sold to... someone else who would then own the property. They're intrinsically linked. If you live next to a rental property, and that property suddenly gets devalued by a significant margin, YOUR property will get devalued by a significant margin as the overall value of property in the area collapses.</quote> Is that incompatible with the belief behind the bill though? Isn't the motivation behind "stop mega landlords from owning everything" that you're viewing housing as a important thing for people to have rather than an investment opportunity? </quote> ... Copied to Clipboard!
Questionmarktarius 09/27/21 5:59:06 PM #50:	Anteaterking posted... Isn't the motivation behind "stop mega landlords from owning everything" that you're viewing housing as a important thing for people to have rather than an investment opportunity? Nothing at all is stopping localities from also building housing. <cite>Questionmarktarius posted [p:958474013] in Berlin res... [t:79681950]...</cite> <quote>Anteaterking posted... </cite> <quote>Isn't the motivation behind "stop mega landlords from owning everything" that you're viewing housing as a important thing for people to have rather than an investment opportunity?</quote>Nothing at all is stopping localities from also building housing. </quote> ... Copied to Clipboard!
Topic List	Page List: 1, 2

Current Events > Berlin residents vote to nationalise mega-landlords (+) Yeah! (+)

Current Events > Berlin residents vote to nationalise mega-landlords