Re:Berlin buys thousands of apartments from corporate landlords
by refurb on Saturday September 18, 2021 @12:40PM
(#28577490)
The market for housing sets the price. Whether it is owned by a family, a landlord with one property or a corporation doesn’t change the price.
[ Parent
| on HN ]
Re:Berlin buys thousands of apartments from corporate landlords
by ivan_gammel on Sunday September 19, 2021 @06:44AM
(#28583257)
In Berlin property market is heavily regulated. Same property under different legal conditions may have 50% spread in price for which it can be sold. City is currently buying at a price not available to ordinary investors in order to offer rents significantly below the market. And it is still an ok deal for sellers, which purchased it much cheaper.