News for hackers. Stuff that matters.

A comment on Berlin buys thousands of apartments from corporate landlords. Parent comment

Re:Berlin buys thousands of apartments from corporate landlords by blub on Saturday September 18, 2021 @09:38AM (#28576172)
The prices are spiraling out of control everywhere that’s even moderately desirable. In a city in the BW part of Germany which has ~20k inhabitants and is nearby another city with ~200k inhabitants there’s new 3 room apartments for sale for around 400.000+ €.

The sales prices in BW and many other areas of Germany are simply ridiculous.

And they are building: a few dozen lots are being offered by the city and there’s dozens of takers per lot.

[ Parent | on HN ]
Re:Berlin buys thousands of apartments from corporate landlords by axiosgunnar on Saturday September 18, 2021 @09:54AM (#28576285)
Then they are not allowing to build enough if there are dozens per lot?
[ Parent | on HN ]
Re:Berlin buys thousands of apartments from corporate landlords by blub on Sunday September 19, 2021 @06:59AM (#28583344)
Which city can easily add thousands of parcels of land for building houses? There’s significant administrative effort and those extra houses would put pressure on all local municipal services. This has to be thought out and done incrementally.
[ Parent | on HN ]