News for hackers. Stuff that matters.

A comment on Berlin rent cap overturned by Germany's top court. Parent comment

Re:Berlin rent cap overturned by Germany's top court by yladiz on Thursday April 15, 2021 @06:01AM (#26818416)
> It led to a huge decrease in rental supply.

This was artificial though, as landlords were waiting to know the outcome of this ruling. It's not like the apartments just vanished from existence.

[ Parent | on HN ]
Re:Berlin rent cap overturned by Germany's top court by DangerousPie on Thursday April 15, 2021 @06:15AM (#26818523)
Sure, but I don't think it would have gone back to 100% if this law hadn't been overturned, since the law made it much more attractive to keep a property empty in order to sell it at some point.
[ Parent | on HN ]
Re:Berlin rent cap overturned by Germany's top court by llampx on Thursday April 15, 2021 @07:05AM (#26818899)
Empty apartments are more attractive for buyers but if your intention is to rent it anyway, it wouldn't have made a difference, as the Mietendeckel ensured you couldn't rent it for more than what the previous tenant was paying.
[ Parent | on HN ]