After WW2 all European countries had massive housing shortages. It was not capitalism that solved it but heavy government involvement. In a span a few decades millions of people were re-housed.
The free market is remarkably terrible at pumping out houses fast.
Yet in the US, it was developers following the Levittown model that resulted in tons and tons of single family homes, so I fail to see how the free market is terrible at "pumping out houses fast"?
To add a b it of context. They do not want to confiscate housing. They do want to pay landlords, though below current (very high) rates. Also this would only apply to private real-estate companies not individual owners.
And they can't govern alone, so I think it's unlikely that this plan is actually implemented as originally planned. The likely coalition would contain 3 parties.
After WW2 all European countries had massive housing shortages. It was not capitalism that solved it but heavy government involvement. In a span a few decades millions of people were re-housed. The free market is remarkably terrible at pumping out houses fast.
Yet in the US, it was developers following the Levittown model that resulted in tons and tons of single family homes, so I fail to see how the free market is terrible at "pumping out houses fast"?
Then the govt. should build new homes; I'm not sure that taking homes from people ("nationalize") creates supply.
To add a b it of context. They do not want to confiscate housing. They do want to pay landlords, though below current (very high) rates. Also this would only apply to private real-estate companies not individual owners.
And they can't govern alone, so I think it's unlikely that this plan is actually implemented as originally planned. The likely coalition would contain 3 parties.
This sounds super alarmist. Bit it’s not: the party only got 25%, so they will have to make a coalition with other parties to govern.
They were junior party in many previous coalitions.
The weird thing this election was: there were like 7 parties with a mayor candidate - and none of them grew up in Berlin.