Category: Germany

Housing policy’s original sin: Part 5, Surely die

23 September, 2015 (10:00) | Airbnb, Apartments, Berlin, Bertolt Brecht, Germany, Government, Homeownership, Housing, Markets, Merkel, Rent control, Rental, Theory, Urbanization, Zoning |

[Continued from yesterday’s Part 4 and the preceding Part 1, Part 2, and Part 3.] By: David A. Smith The preceding four parts have established that Berlin’s rent control, enacted in relative haste and with what seemed inn the plain words to be ultimately reasonable, will over the years following gradually tighten its grip even […]

Housing policy’s original sin: Part 4, Thou shalt

22 September, 2015 (10:00) | Airbnb, Apartments, Berlin, Bertolt Brecht, Germany, Government, Homeownership, Housing, Markets, Merkel, Rent control, Rental, Theory, Urbanization, Zoning |

[Continued from yesterday’s Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith So far in this post we have established that, if Berlin rent control follows the precedents (Cairo, Cambridge, London, Mumbai, New York, San Francisco), then: 1.     Regulations will blossom and propagate. 2.     Regulations will tighten. 3.     Caps (e.g. […]

Housing policy’s original sin: Part 3, In the day that thou eatest thereof

21 September, 2015 (10:00) | Airbnb, Apartments, Berlin, Bertolt Brecht, Germany, Government, Homeownership, Housing, Markets, Merkel, Rent control, Rental, Theory, Urbanization, Zoning |

[Continued from yesterday’s Part 2 and the preceding Part 1.] By: David A. Smith As we saw in the two preceding parts of this post, the enabling of rent control in Germany, and its adoption in Berlin last June, were the political culmination of inevitable economic consequences (the rapid rise in German property values and […]

Housing policy’s original sin: Part 2, Shalt not eat of it

18 September, 2015 (12:44) | Airbnb, Apartments, Berlin, Germany, Government, Homeownership, Housing, Markets, Merkel, Rent control, Rental, Theory, Urbanization, Zoning |

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s Part 1 of the story of Germany’s original sin of rent control, established that if there was to be rent control in Germany, it would start in Berlin (where else?): “Money makes ze vorld go arount”   Berlin as the birthplace was inevitable as it […]

Housing policy’s original sin: Part 1, Tree of the knowledge

17 September, 2015 (10:00) | Airbnb, Apartments, Berlin, Germany, Government, Homeownership, Housing, Markets, Merkel, Rent control, Rental, Theory, Urbanization, Zoning |

By: David A. Smith Of the two products produced by government, laws and money, one works better but the other is easier, but naturally, the easier is usually tried first.  Thus, when something voters use frequently and take for granted rises in price, substantially or abruptly, an elected official instinctively looks first for something to […]