Government formation: Red-Green-Red in Berlin is getting closer - CDU criticism
The Left, Greens and SPD want to enter coalition negotiations in Berlin. The exploratory paper includes a plan to socialize large private housing companies. Not only that displeases the CDU.
The parties of the Left, Greens, and SPD in Berlin have agreed to start coalition negotiations after completing their exploratory talks. They plan to focus on key issues such as bringing large private housing stocks into public ownership, with private housing companies being required to sell their holdings above 10,000 units. This could affect five major companies, including Vonovia, and bring around 160,000 apartments under municipal ownership.
The parties aim to introduce a law on this issue by mid-2028, with a proposed compensation of 16 billion euros.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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