Re:I need to find an apartment
by JumpCrisscross on Sunday April 10, 2022 @02:01PM
(#30979779)
> If there is an overwhelming public interest, the rights of owners can be limited
Eminent domain exists everywhere. Berlin’s politics are more extreme than the norm. Most homeowners would pay a low single-digit percent of their home value to insure against expropriation in that environment. Taking a property off the rental market is analogous; sacrificing a cash flow to safeguard the investment.
We can go back and forth on theory all day. I’m m reflecting what people I know are doing. Being flippant with (or even demonising) owners’ interests circles back into affordability crises worldwide, from Berlin to San Francisco.
And btw: it's stated in the constitution, that ownership introduces also responsibility to the society.