Has ever seen but theres always a bus its not some pretty bad side effects to unbridled markets have led to slave labor ruthless exploitation of resources social inequality and environmental disasters and that is because ethics are not really part of capitalism equation thats what will be look at us today have made should morals play a greater role in the markets or do they just get in the way of profit here in berlin you can feel the negative effects of the markets on a daily basis the city is booming and in the last few years many investors have been snapping up properties modernizing them and raising the rent many pensioners and for a people cant afford that and have no choice but to leave the neighborhood they often have spent a whole lifetime in. I dont want to lead you where should i go its tough its a serious conflict. Its absurd whats going on gentrification is a kind of war was our view what happens to us. Residential property and palin has become a battleground prices and ren
Labor ruthless exploitation of resources social inequality and environmental disasters and that is because ethics are not really part of capitalism equation thats what will be look at mass today made should morals play a greater role in the markets or do they just get in the way of profit here in berlin you can feel the negative effects of the markets on a daily basis the city is booming and in the last few years many investors have been snapping up properties modernizing them and raising the rent many pensioners and thora people cant afford that and have no choice but to leave the neighborhood they often have spent a whole lifetime in. I dont want to leave where should i go its tough its a serious conflict. Its absurd whats going on gentrification is a kind of war was our view what happens to us. Residential property and palin has become a battleground prices and rents soaring investors are out to make a killing. That many ordinary people cant afford to buy all to rent many are fright
Has ever seen but theres always a bus its not some pretty bad side effects to unbridled markets have led to slave labor ruthless exploitation of resources social inequality and environmental disasters and that is because ethics are not really part of capitalism equation thats what well be look at asked today made should morals play a greater role in the markets or do they just get in the way of profits here in berlin you can feel the negative effects of the markets on a daily basis the city is booming and in the last few years many investors have been snapping up properties modernizing them and raising the rent many pensioners and thora people cant afford that and have no choice but to leave the neighborhood they often have spent a whole lifetime in. I dont want to lead you where should i go its tough its a serious conflict. Its absurd whats going on gentrification is a kind of war was our view what happened to us. Residential property and palin has become a battleground prices and ren
the building has to be renovated at some point we abide by neighborhood preservation rules that means the tenants in this building have some of the best protection in germany. still the tenants are worried. they ve got together to protect their interests they write angry letters to the property manager. jenny come from her neighbors are not going to give up. they want to stay put in that homes into neighborhood. and that leads us nicely to one of the golden rules of capitalism and that s this the market determines the price of a product and the capitalist gospel says do not interfere with a market that s fine with comes to luxury goods but for example what about bread or water if basic staples become too expensive people suffer let s have
apartments we have to do that to stop the rents rising so fast it s absurd. new regulations were introduced rather late it s not always clear whether they apply in specific cases many end up in court this tenant is locked in a legal battle with his landlord. he says more than half the people in this building have already left. when business interests are at stake those with money always find a way to skirt the law. changes are under way. and they re playing hard. gentrification is a kind of war a quiet and everybody feels abandoned and alone but it s hurting an awful lot of people. thought so what about jenny kopf what s the new owner of her building planning to do three asked the marin company this is their response.