Housing policy: Experts: Expropriation of large Berlin housing companies possible

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housing policy
Experts: Expropriation of large Berlin housing companies possible

Demonstration in Berlin for the expropriation of large housing companies (archive image). photo

© Christophe Gateau/dpa

A Berlin referendum on the socialization of large housing companies ended in autumn 2021 with a clear “yes”. However, this has not yet been implemented. Things could be moving now.

One According to a commission of experts, it is legally possible to incorporate large housing companies in Berlin. This is the conclusion of the body set up by the state government in its final report, which is available to the German Press Agency. According to this, the Basic Law permits a corresponding law and the state of Berlin also has the authority to pass it.

The discussion about the socialization of housing companies had initiated the initiative “Deutsche Wohnen & Co. expropriate”. In a referendum at the end of September 2021, a good 59 percent of the voters voted for the socialization of real estate companies with more than 3000 apartments in Berlin.

After that, the then red-green-red Senate had set up the expert commission. The new black and red Senate from the CDU and SPD wants to decide on its further course of action on the basis of the report.

According to the report, a majority of the Commission is of the opinion that the amount of compensation for the socialization should be below the market value and that no change in the Berlin state constitution is necessary for a socialization. First, the “Tagesspiegel” reported on the assessments of the commission, which intends to present its report on Wednesday.

dpa

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