Germany: Merkel rejects calls for apartment expropriation - InfoNews

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Germany: Merkel rejects calls for apartment expropriation

A protest banner reading : 'Therefore: Expropriate Deutsche Wohnen and Co' displayed at an apartment buildings in the district Kreuzberg in Berlin, Germany, Thursday, April 4, 2019. A campaign is being launched in the German capital to force the Berlin's state government into taking over nearly 250.000 apartments from corporate owners like Deutsche Wohnen and others. (AP Photo/Markus Schreiber)
April 08, 2019 - 7:00 AM

BERLIN - Chancellor Angela Merkel and her centre-left allies are rejecting calls for the expropriation of apartments from corporate property owners in response to rising rents in German cities.

Affordable housing activists in Berlin launched a grassroots campaign on Saturday to force the city government into taking over nearly 250,000 apartments worth billions. There were protests over increasing rents in other cities.

Merkel spokesman Steffen Seibert said Monday the chancellor doesn't think seizing property is the right solution. He said "the key to affordable living space is not expropriation but having a sufficient number of apartments available."

Andrea Nahles, who leads the junior party in Merkel's governing coalition, said expropriation is a "false solution."

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This version has been corrected to show first name of lawmaker in final paragraph is Andrea, not Andres.

News from © The Associated Press, 2019
The Associated Press

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