Housing Policy: Ministry: Legal Uncharted Territory in Socializations
Federal Interior Minister Alexander Dobrindt wants to set up high hurdles for the socialization of apartments, as planned in Berlin. This could be more difficult than it seems.
The German government plans to introduce a law to make it harder for states to nationalize private housing, amid efforts by the Berlin coalition of Linken, Greens and SPD to take over large private housing stocks. The proposed law, backed by Interior Minister Alexander Dobrindt, would require states to prove that nationalization is necessary and that all other options have been exhausted.
The Berlin coalition aims to target private housing companies with over 10,000 units, with estimated compensation costs of 16 billion euros. The federal Justice Ministry has expressed concerns that the planned law and the Berlin nationalization plans raise complex constitutional questions.
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.
