The public transport in Berlin for example is organised according to principles that serve the common good. The ruling coalition's official position on the proposal points out that an expropriation bill would require at least 226,000 housing units in Berlin to be taken into public ownership. Expropriation happens all the time, the government will buy up your house to build a coal mine or a highway or whatever, and publicly run large organisations are not an exception either. Why you should vote against expropriation (Enteignung) There is a referendum on the ballot in Berlin this year that would legalize the expropriation of certain classes of apartment owners. Berliners Vote Yes for Housing Expropriation, Politicians ... Berlin: Will expropriation help solve the housing shortage? Included in the upcoming vote for Berlin residents, is a referendum on the Berlin rental housing market. Large majority of Berlin voters back expropriation of ... In April 2021, the German constitutional court overturned the Berlin state government's decision to impose a rent cap, which was proposed to freeze rents for 90 percent of Berlin apartments for five years at their June 2019 level. Berlin's vote to take properties from big landlords could be a watershed moment Alexander Vasudevan The successful referendum to expropriate the city's apartments from corporate landlords is a. Opponents of the initiative warn that mass expropriation of property would be tantamount to assailing the very foundations of the German state. Berlin's big property investors not intimidated by ... Berlin votes in favor of the expropriation of 240,000 ... 33 This movement takes it legal justification from Articles 14 and 15 of the German Grundgesetz: 'Expropriation shall only be permissible for the public good' (Art. In recent years, Berlin's government—now a coalition of Social Democrats, Left Party, and Greens—has slowly begun correcting the mistakes of the recent past. Berlin's vote to take properties from big landlords could ... Berlin votes on expropriation of real estate speculators ... In Berlin, Germans Consider a Land Expropriation Law That ... Berlin Will Vote on Expropriating Big Landlords - Left Voice A referendum took place in Berlin targeting the large landlords.Source: Le Monde, Demonstration against high rents in Berlin, Germany, 11 September 2021. The loosely won referendum on the socialization of the large private housing construction groups in Berlin breaks with what makes Germany strong: the social market economy. photo courtesy of unsplash.com. More than one million Berliners called on the Berlin Senate to work out the juridical basis needed to expropriate real estate groups such as Vonovia, Akelius, and the infamous Deutsche Wohnen SE. Berlin housing policy: fatal order to expropriate - Teller ... Facing a shortage of homes, Berlin voters have endorsed a plan . At a national level, they lost almost half their voters and only by a hair did they manage to retain seats in parliament. Property entails obligations. Of course, these expropriations are for the benefit of capital, not the working class. Many companies affected seem confident that expropriation will never be. In 2017, the company made a profit of $2.04 billion. The expropriation campaign that just won this victory in Berlin is known as Deutsche Wohnen und Co. Enteignen ("Expropriate Deutsche Wohnen und Co," named after Deutsche Wohnen, one of the biggest corporate landlords in Berlin, DWE for short). (Bloomberg) -- A Berlin referendum to expropriate the housing of large property companies in the German capital was headed for victory on Sunday. The huge success of the referendum in Germany's capital was a result of years of organizing and struggle by the housing movement. But I am not allowed to vote, so all I can do is write a blog post about why I think you should vote against it. Earlier this month, Deutsche Wohnen sold 10,700 homes back to the city of Berlin for €1.65 billion ($1.93 billion), as part of its "Future and Social Housing Pact" with Vonovia. Berlin is still one of the more affordable cities of its size and status, and the campaign built on this history. Campaigners believe that the legislation would be . Rosalia Sanchez. But political and legal hurdles mean it may never become. said expropriation would not create new apartments or . A majority of Berlin voters are supporting forcibly taking property from landowners and nationalizing rent to make it more affordable. However, the vote is not legally binding. Indeed: Berlin has been a happy hunting ground for property owners. BERLIN, Sept 27 (Reuters) - A majority of voters in Berlin wants city hall to expropriate major landlords such as Vonovia (VNAn.DE)and Deutsche Wohnen (DWNG.DE)to help reduce rents in the German. The initiative has recovered a word, expropriation, which was believed to have been forgotten since the end of the communist regime. May 27, 2020 In Germany, political polarization has drastically increased in recent years. The demand for expropriation, originally from the radical Left, was hugely popular - yet "The Left" party was not popular at all, losing 1.5 percent of votes in Berlin compared to the last election. The proposition amounts to what would be an expropriation of properties from large private property investors and landlords. Stolen Heart tracks the rise of Jewish business and property owners in Berlin from the gradual integration of Jews into city life in the . Entire villages are confiscated and destroyed to dig up lignite coal. The present Law lays down provisions relating to expropriation matters in the Land Berlin. While some employees and officials have called for caution around pursuing expropriation, Taylor is among those asking the city to take the Berlin vote as a starting point. Taking expropriation measures will plunge Berlin into unknown legal waters, because it draws on parts of the German Constitution that have never been used. But public opposition to the private landlords has been building for years — and now, a referendum on forced renationalization looks like the only way of breaking their power. I am one of the many activists who have worked together on this campaign. This includes twelve companies with a total of around 240,000 apartments - more than 15 percent of the capital's total rental housing stock. "Here comes Berlin, and they say enough is enough," he said, noting that advocates planned to gather at the Sherbourne properties for a national day dedicated to housing . Political pressure; legal and financial scrutiny Nonetheless, a huge chasm exists between their position and those who voted to expropriate. Its use shall also serve the public good, now the squadrons of lawyers begin their dissections of the term "public good." It is certain that any expropriation will be met with a barrage of legal claims that could drag the aggressive solution to skyrocketing rent in Berlin to the land's highest courts. Media all over Europe are discussing the referendum. However, the referendum failed, although a strong majority of Berlin voted in favour. Berliners have backed a campaign calling for the city to expropriate apartments owned by corporate landlords, with 56 per cent of voters saying yes to the initiative in a referendum on Sunday. In September 2020, the Berlin Senate calculated pure compensation costs between 28.8 and 36 billion euros. 56.3% voted to expropriate all property companies owning more than 3,000 housing units and to turn them back into public property. I would vote against it. That would exacerbate the housing shortage, they argue. The proposal, which got 56%. The vote reflects growing frustration in the German capital over property speculation and skyrocketing rents, which have made Berlin increasingly . Demonstration against high rents in Berlin (WSWS Media) A clear majority of voters in the German capital of Berlin has expressed support for the expropriation of major German property companies. Berlin votes for expropriation of landlord firms as Vonovia acquires rival. The initiative is aimed at all Berlin housing groups with more than 3,000 apartments in their portfolios. Fair compensation, which has to be paid in the case of expropriation, would range from €7 billion to €16 billion ($8.1 billion to $23.6 billion) according to Deutsche Wohnen . There is uncertainty to enforce the expropriation referendum and it is likely to face some legal challenges. A referendum in favour of expropriation, they warn, could end up not only scaring away private companies like Deutsche Wohnen - which owns 6.8% of Berlin's rental properties - but also . The nonbinding ballot initiative encourages the city government to expropriate roughly 15 percent of the city's rental housing stock. In the last year, Berlin got the Mietendeckel, the law on rent . Things are expropriated all the time in Germany — people's homes in Berlin-Neukölln were only recently torn down to build an Autobahn, for example. Thus the SPD, now fighting against the demand for expropriation, was responsible for adding this possibility to the constitution. The mere word "expropriation" causes panic; after all, it is an attack on the highest ideological value of liberalism: private property. Berlin votes on expropriation of real estate speculators. Critics point out the spectre of such a forced expropriation of private property in Berlin would throttle construction for new housing and frighten off investors from across Germany and around the world - which already started to happen last year with the failed rent-freeze law. In April 2021, Germany's Federal Constitutional Court overturned the Berlin state government's decision to impose a five-year rent cap in the city. Berliners have backed a campaign calling for the city to expropriate apartments owned by corporate landlords, with 56 per cent of voters saying yes to the initiative in a referendum on Sunday. If the call for expropriation is followed to the letter and to the spirit, companies will still be compensated, but not at market prices. A campaign to expropriate private housing companies that own more than 3,000 apartments—including Deutsche Wohnen, which is Berlin's largest private . The Deutsche Wohnen real estate giant owns about 113,000 housing units in Germany's capital. In a move reminiscent of East Germany's communist past, the referendum's supporters aim to seize property from all private landlords who own more than 3,000 rental units. Three decades after the fall of the Berlin Wall, a majority of voters in Berlin are enjoying the expropriation of the economy again. The demand for the expropriation or socialisation of all profit-oriented corporations that have more than 3,000 apartments in the city has rallied all the defenders of private property. More than 56% of voters backed the proposal with 90% of precincts reporting, the city-state's election board said on its website. 59.1% - over a million people - voted to expropriate the big landlords. The text consists of 10 articles as follows: Sphere of application, purpose of expropriation (1); Subject matter of expropriation (2); Requirements for . Were the Berlin Senate to pass an expropriation law, it would almost certainly be subject to various court challenges. If institutional property investors were spooked by the stunning "yes" vote in Berlin's expropriation referendum on Sunday, they had a funny way of showing it. Once 96% of the ballots had been counted, the referendum held in Berlin to the expropriation of 240,000 homes from large owners shows a balance in favor of 56%.More than a million Berliners have spoken in favor of the project, which exceeds the necessary quorum and will become a priority of the next government, which will be headed by the . Deutsche Wohnen—the largest residential property owner in Berlin, with a portfolio of more than 113,000 units—is one of several profit-maximizing mega . 14); and '[l]and . [1] If adopted, this would be an enormous win for advocates of socializing privately owned property to combat housing . In a move reminiscent of East Germany's communist past, the referendum's supporters aim to seize property from all private landlords who own more than 3,000 rental units. The Senate assumes that the expropriation would cost Berlin between 28 and 36 billion euros. Companies would be reimbursed for the properties at a rate "well below market value," according to the campaign. Voters in Berlin yesterday have backed a referendum calling for the expropriation of major landlord companies such as Deutsche Wohnen and Vonovia in a bid to reduce rents and create affordable housing in the German capital, provisional results have shown. At the end of last week, the seven-day incidence among 10-to- 14-year . Deutsche Wohnen's biggest shareholder, with over 10 percent, is BlackRock . That would be more than the entire annual budget of Berlin. Berlin's tenants have had enough. Find westland properties for rent at the best price I think there are lots of lessons to be drawn from this fight. Several committees in both the Federal Parliament (Bundestag) and the Senate of Berlin confirm that the expropriation request is legally valid and compatible with the constitution. Berliners' vote to expropriate landlords' properties has made global headlines, but huge political and legal hurdles remain. A new exhibit shows how Jews helped make Berlin's central district, Mitte, the vibrant center of culture and commerce it was by the late 19th century, and how the expropriation of Jewish-owned businesses and real estate left wounds that have yet to heal. Three decades after the fall of the Berlin Wall, a majority of voters in Berlin are enjoying the expropriation of the economy again. This could potentially could have a huge impact on corporations buying property in Berlin, other German cities and perhaps across Europe. The Berlin expropriation campaign builds on decades of squatting, tenant organizing and rent control initiatives. Berlin Landlord Expropriation Proposal Backed by Legal Expert Joachim Wieland says compensation needn't match market values Deutsche Wohnen, Vonovia stand to lose most from clampdown On 26 September, 1,035,950 voters in Berlin agreed to take the big landlords into public ownership, by a vote of 59 per cent vs 38 per cent . The majority of Berliners voted on Sunday for the expropriation of housing belonging to private housing companies that own more than 3,000 apartments in the city. During this plebiscite, over one million Berliners voted in favour of the expropriation of rental apartments from real estate companies - or corporate landlords - with portfolios of 3,000 or more units . By: Liza Honaker, Staff Writer . Jacobin Logo Jonas is involved in a radical campaign urging Berlin's city government to expropriate 240,000 properties from Germany's biggest publicly listed residential landlords, accusing them of . The "Expropriate Deutsche Wohnen & Co." initiative, named after the biggest property company in Berlin, targets companies with more than 3,000 apartments in their portfolios. Yes, the new constitution protected private property, but it also contained an article about the possibility to expropriate capital for the public good. In Berlin, support is growing for a referendum on mass property expropriation. There have been a number of city-wide referendums in Berlin over the past 30 years. In Berlin, the mass infection policy of the governing parties has pushed the pandemic through schools at a devastating rate. In Berlin, support is growing for a referendum on mass property expropriation. CHRISTIAN MANG / REUTERSOn September 26th, 2021, a majority of Berliners (56.4%) voted "Yes" on a provisional referendum calling the city authorities to pass a law to expropriate the main private real estate companies in Berlin and . The nonbinding referendum's proposal would transfer more than 240,000 apartments from real estate companies that own more than 3,000 apartments into public property. On 26 September, Berliners voted in a historic referendum to expropriate residential property owned by major corporate landlords. Updated: 27/09/2021 11:04h Keep. Entrepreneurs speak of "populism" and violation of private property. Since around 240,000 apartments would be affected by an expropriation, the total amount of compensation for all corporations might even exceed this. . Berlin's housing crisis. The Law is applicable to expropriation of general property proceedings and related compensation payments in so far as the Federal Law is not applicable. By Nelli Tügel, Berlin. But several other companies, such as Vonovia, which is trying to buy out Deutsche Wohnen, and the Pears Group would also be affected by the expropriation legislation. . Berlin's fight for expropriation of 200,000 homes by Lukas Hermsmeier | April 2, 2019 In early March, Germany's largest tabloid, Bild , proclaimed: "A specter is haunting Germany, the specter of expropriation." Berliners in favor of measure to expropriate 240,000 flats. Deutsche Wohnen—the largest residential property owner in Berlin, with a portfolio of more than 113,000 units—is one of several profit-maximizing mega . "The money doesn't have to come from the Berlin budget," says Reiner Wild, spokesman for the Tenants Association. One place this is happening is in Berlin, with the popular campaign to expropriate large residential property owners for the purpose of socialization. It was the main target of the referendum campaign. If the housing activists are successful and expropriation is enacted, roughly a dozen housing companies owning […] On 26 September 2021, alongside the Berlin state and German federal elections, Berliners participated in a public referendum on housing. On the same day that more than 1 million Berlin voters endorsed the proposal that around 230,000 properties should be forcibly brought into public ownership, the Swedish . In a move reminiscent of East Germany's communist past, the referendum's supporters aim to seize property from all private landlords who own more than 3,000 rental units. Many leftists involved in the campaign consider it a great step forward in itself that now, even outside their own tiny milieu, people are talking about property relations and socialization again. During the year, 36 cities have issued favorable policies, and the bottom of the property market transaction is expected to appear in the first half of the year. 9/29/2021, 4:22:39 PM. In. Business 2022-02-20T10:06:13.527Z. In Berlin, support is growing for a referendum on mass property expropriation. The referendum was secured by the Deutsche Wohnen & Co. Enteignen (Expropriate Deutsche Wohnen & Co.) campaign, which gathered 343,000 petition signatures to ensure the measure made its way onto the ballot for Sunday's elections in Germany. The vote reflects growing frustration in the German capital over property speculation and skyrocketing rents, which have made Berlin increasingly . In a referendum timed to coincide with Germany's general election on. The Berlin city government elected on Sunday and will have to decide how it will proceed. A referendum proposing that authorities in Berlin seize and take into public ownership more than 200,000 homes has passed resoundingly. The city, which sees rent prices rise, is holding a referendum to decide whether it should buy 240,000 homes from large landlords. Jakob Hans Hien, a lawyer at Knauthe, one of Berlin's leading real estate law firms, believes an expropriation law would not be applicable in Berlin. We have 131 properties for rent listed as westland 1 bedroom, from just $625. A successful vote would open the way for the Berlin Senate to devise a law that would allow for expropriation of real estate companies with more than 3,000 housing units. 8/29/2021, 9:28:08 PM. In April 2021, Germany's Federal Constitutional Court overturned the Berlin state government's decision to impose a five-year rent cap in the city. In April 2021, the German constitutional court overturned the Berlin state government's decision to impose a rent cap, which was proposed to freeze rents for 90 percent of Berlin apartments for five years at their June 2019 level. The first referendum occurred in the 1920s to expropriate and redistribute wealth from royalty, and was initiated by the communist party. Berliners have a lot to decide next September 26, the date of the momentous general elections from which Angela Merkel's successor . On September 26, 2021, over 56% of Berlin citizens voted to adopt a housing referendum aimed at seizing corporate-owned apartments and turning them over to the government to be converted into affordable housing. On September 26, 2021, alongside the German national and local elections, citizens of Berlin took part in a referendum. Okay, We'll Expropriate the Landlords On Thursday, a rent cap introduced by Berlin's city government was struck down by the German Constitutional Court. Berliners have backed one of Europe's most radical responses to gentrification: seizing property from so-called mega landlords. Voters in Berlin have backed a proposal for the Berlin city government to take over about 240,000 apartments worth billions from . Berliners have backed a campaign calling for the city to expropriate apartments owned by corporate landlords, with 56 per cent of voters saying yes to the initiative in a referendum on Sunday. The referendum was secured by the Deutsche Wohnen & Co. Enteignen (Expropriate Deutsche Wohnen & Co.) campaign, which gathered 343,000 petition signatures to ensure the measure made its way onto the ballot for Sunday's elections in Germany. Voters in Berlin backed a non-binding referendum to forcibly buy housing owned by large property companies in the German capital amid public anger over rising rents. There is uncertainty to enforce the expropriation referendum and it is likely to face some legal challenges. The referendum, which passed with more than 56% of votes in favour and 39% against, is the culmination of more than three years of work by a campaign called Expropriate Deutsche Wohnen & Co - Deutsche Wohnen is the name of Berlin's largest private landlord . 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