The recent German elections have been closely watched around the globe to see where Europe’s dominant power will be after Angela Merkel takes over. Many in Berlin and other parts of Germany were almost equally concerned about the result of a smaller vote.
Berlin residents asked for a solution to rising rents. Although the plan may not be feasible, it is an important message.
On Sunday, voters in the German capital backed a nonbinding referendum that called on the local government to buy hundreds of thousands of housing units from large property companies in the latest bid to control Berlin’s spiraling rent.