#berlinsights.de quotes September 17, 2021:

Enteignungsinitiative: Wohnungsankauf «Hinterzimmerdeal»
“Deutsche Wohnen & Co enteignen” © dpa / Christophe Gateau/dpa/Archivbild
Enteignungsinitiative: Wohnungsankauf «Hinterzimmerdeal»

Berlin (dpa/bb) – (…) According to the Initiative “Deutsche Wohnen & Co enteignen”, speaker Moheb Shafaqyar says: “We do support transfer of housing as public good, yet not along deals arranged in the backyard (so-called ‘Hinterzimmerdeals’) and not at speculative prices.”

The issue of socialisation or ‘Vergesellschaftung’ in German terms would mean good business for Berlin along neutral budgeting, according to Shafaqyar. Accordingly, the Initiative wants companies owning more than 3000 appartments to socialize these, meaning to no longer owning these against a given compensation (‘Entschädigung’) – as long as such entail the intention of making a profit (“Gewinnerzielungsabsicht”). The intitiative claims that this would stop raising rents and ensure affordable housing, in the longterm. Berliners can vote September 26, 2021, in parallel to the Parliament of Berlin (‘Abgeordnetenhaus’) and parliamentary elections, in favour of the said socialisation of rents.
SOURCE:© dpa-infocom, dpa:210917-99-253956/2 © dpa
translation @berlinsights.de