Politics · Germany · 1 hr ago

Economist Isabella Weber backs bringing large Berlin landlords into public ownership

Economist Isabella Weber backs bringing large Berlin landlords into public ownership

Economist Isabella Weber has backed bringing large private housing companies in Berlin into public ownership.

She said the companies have market power and that a public landlord could make it easier to limit rents.

Weber said this would not mean abolishing the market, but adding a public actor to it.

The proposal is part of a debate over housing policy as Berlin's Left Party negotiates with the Greens and Social Democrats to form a state government.

The Left campaigned on taking over a large housing company.

Weber said public ownership alone would not create new homes, so the state would also need to invest and take other measures.

The coalition talks are under way, but the sources do not say what decision will be made on the proposal.

Sources

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