Disputes continue over the nationalization of real estate in Germany

Back in September 2021, Berlin residents voted in a referendum by Deutsche Wohnen & Co Enteignen to return housing that once belonged to the state to public ownership.

The special commission concluded that this would help in solving the issue of affordable real estate, which the construction of new facilities cannot provide. In addition, home foreclosures will not lead to the collapse of local governments, since they will not be at market prices. And most importantly, such a measure does not contradict the Basic Law of Germany.

If Berlin wants to avoid further inequality in the distribution of housing and the displacement of more low-wage tenants outside the city, then it is time to resort to, although not very popular, but perhaps the only effective measure.

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