Source link : https://bq3anews.com/housing-coverage-the-left-needs-a-tax-on-luxury-villas-in-berlin/

8 months sooner than the elections to the Area of Representatives, the Berlin Left is concentrated on the homeowners of huge and in particular sumptuous circle of relatives houses. “We are currently in the process of writing a concept for a tax on luxury villas,” stated the chairman of the Left Birthday party, Maximilian Schirmer. “The fact is that the ownership and purchase of particularly expensive real estate in Berlin, i.e. luxury villas, will be taxed more than before.”

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Consistent with Schirmer, his celebration assumes that this may occasionally generate an extra source of revenue of a minimum of 150 million euros according to 12 months for the state price range. This in flip may fund emergency measures to forestall emerging rents within the town.

Hire freeze for presidency flats

Consistent with major candidate Elif Eralp, if the left wins the September 20 election, they wish to introduce a one-year hire cap for about 400,000 council flats. State-owned firms, which personal a 5th of all apartment flats in Berlin, will then be allowed to boost rents by way of a most of 1 p.c a 12 months.

As a direct measure after the election, Eralp additionally introduced the implementation of a…

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Author : bq3anews

Publish date : 2026-01-21 13:24:00

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