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Far-left party wins Berlin election, pledging to nationalise housing (www.reuters.com)

submitted 1 week ago by Zapados@sh.itjust.works to c/world@quokk.au

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[–] LibertyLizard@slrpnk.net 1 points 1 week ago* (last edited 1 week ago)

Last one is the most important. Even with considerable public housing, you will have issues if your housing stock is not enough to meet demand. If you artificially reduce prices, then you just change the problem from price to long wait-lists. Most major western cities have a housing shortage right now due to demographic changes.