Re:Berlin now home to soaring rents and rising tensions
by majewsky on Thursday April 26, 2018 @05:42AM
(#16930377)
Another huge reason is that Germany has curbed its subsidized housing program since the early 90s. Every year, hundreds of thousands of apartments fall out of fixed price agreements, but only very few new subsidized housing is built.
(Subsidized housing as in: The government subsidizes your housing project if you agree to fixed rents for a certain period of time, afaik 20 years or so.)
The poor people in many cases aren't paying the rents directly. The local governments are renting places at or above market rates to house poor people.
But on the whole the rising rents in Berlin is more due to the influx of European tech workers and the like, rather than refugees.