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Joined 2 years ago
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Cake day: August 7th, 2024

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  • I live in a city where they buy existing flats and houses and rent the to citizens. City is also buying building ground to tie the sale to investors to conditions like the amount of social housing in the new building area.
    Works like a charm. The rents are okay (even from other landlords since they have to compete) and we don’t have “problem areas” in the newer parts of the city since people live in mixed areas.

    Fingers crossed Berlin works out. It would be a welcome change for a lot of friends of mine to finally have an affordable flat that doesn’t rot away.


  • Doubling down, when being wrong, doesn’t make it better…

    I live in Germany. A lot of investors like to keep their flats empty to reduce supply in lower income brackets. They use this to force people into flats they can’t afford so the investors can get more money.
    They love building luxury flats, people still have problems finding affordable housing. The way things currently are proofs you wrong. No matter if you like it or not.



  • There is a German joke with a similar punchline:
    There’s a grandma sitting behind a bus driver and offering him some nuts every know and then. After a while the driver wants to know if she doesn’t want any herself. And then she explains: “you know: I love these bonbons so much, but I can’t chew the nuts anymore. So I gave them to you”