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0 pointsaetherson11y ago0 comments

Well, perhaps. But it's probably pretty hard to make a lot of money as a landlord in Berlin if that is the case. Which is ultimately what this company would need to do to be successful.

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pantalaimon11y ago· 2 in thread

Quite the contrary, due to the high demand, rents are on a steady rise. [1] The government is issuing caps now on how much higher the rent can be with new contracts (there are already caps for how much rent can be increased with an existing contract, but when old tenants move out, they could ask for any price on the new contract, especially when renovating the place - which led to shady methods to get long-term tenants out)

[1] http://www.wohnungsboerse.net/mietspiegel-Berlin/2825

aethersonOP11y ago

Look, you can't have both an overabundance of housing supply and an overabundance of housing demand. I don't really know or care which is really the case in Berlin, and of course demand could be low but rising, but if housing is oversupplied, then landlords won't make much money. If housing is undersupplied, then Berlin wasn't a good example of what you thought it was.

pantalaimon11y ago

There is no oversupply of housing, there are just not so many jobs.

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