“It’s an exciting time to be a Berliner, with the city about to embark on the most radical experiment in housing policy in the world. Residential rent prices are to be frozen at their current level for five years, and may even be reduced. Landlords could face fines of up to €500,000 if they are caught overcharging. The free market for rented property could be over. The revolution has arrived in Berlin, at least temporarily. Here’s what you need to know about Berlin’s five-year rent freeze, and some predictions about how it could play out….”
Radio Spaetkauf’s Joel Dullroy turned his monologue from a recent episode into an article for Berlin’s Lola Magazine. Read it in full here.