Category: Rent control

Month in Review: September, 2015: Part 2, When things are getting better

13 October, 2015 (10:00) | Apartments, Berlin, Chapter 121A, Global news, Homeownership, Housing, London, Markets, Month in review, Pension funds, Real estate taxes, Rent control, Rental, Tax abatement |

By: David A. Smith [Continued from yesterday’s Part 1.] After having written in August about the three laws of urbanization, I followed up in September by chronicling the future – that is, what will happen in Germany and Berlin now that the nation has authorized, and the city has adopted, a seemingly benign form of […]

Month in Review: September, 2015: Part 1, When things are getting worse

9 October, 2015 (10:00) | Apartments, Berlin, Chapter 121A, Global news, Homeownership, Housing, London, Markets, Month in review, Pension funds, Real estate taxes, Rent control, Rental, Tax abatement |

By: David A. Smith Something really awful over here! During September, I returned yet again, like a bloodhound to a foul-smelling mound of earth, to the seemingly endless maze of doublethink connivances related to public-employee pension fund accounting, management, overspending, and general defalcation, with the discovery of the cottage industry of strategically underestimating costs of […]

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 […]