Berlin’s Disastrous Rent Control Law Gets Scrapped
Rent control can’t fix housing problems. It’s one of the few issues economists overwhelmingly agree on.
Friday, April 16, 2021
Rent control may be making a comeback in the US, but the controversial policy had an unceremonious ending in Berlin this week barely a year after going into effect.
“A controversial rent cap to control soaring rents in the German capital Berlin has been scrapped by the country s Constitutional Court,” the newswire
DPA Internationalreports. “The court ruled on Thursday that the Berlin government had overstepped its powers in introducing the law, as federal law governing rents was already in place.”