more and more people can no longer afford rising Rents in the big cities. A Berlin-based Initiative, wants to expropriate, therefore, large real-estate corporations. Can relax the housing market?

collapse

What concerns the Berlin coalition to pursue?

expropriate The core claim of the Berlin Alliance “Deutsche Wohnen & co.”, the civil society tenant initiatives resulted in the expropriation of for-profit real estate corporations, each of which has more than 3,000 apartments in the capital. The Alliance is aiming to this purpose, a referendum in Berlin.

would be affected primarily by Deutsche Wohnen as the most important private economic actors on the Berlin housing market. The company has approximately 112,000 of the more than 200,000 apartments that are the focus of the expropriation intentions. The Rest is distributed to companies like Vonovia or Akelius.