Housing
Expropriation of 240,000 Homes: Die Linke Has Major Plans After Victory in Berlin
Die Linke is likely to appoint Berlin’s first mayor from its party after winning the state election and forming a coalition with the Greens and SPD. The party plans to expropriate real estate companies owning more than 3,000 apartments, affecting 240,000 homes to freeze or lower rents. While tenant Daniel Ahl supports the move due to poor maintenance by landlord Vonovia, economists warn the plan could cost up to 50 billion euros and deter investment. Chancellor Merz intends to block the expropriation federally, and the SPD opposes it as a dealbreaker. Additionally, Die Linke faces challenges regarding allegations of antisemitism among supporters, which may hinder coalition negotiations.
Ozetta summarises; the reporting is the newsroom's