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Showing posts with the label “rent in Berlin”

Unexpected Things Happen

For the first time in its history, the Austrian Communist Party has unexpectedly won a municipal election in the country’s second-largest city, Graz. According to preliminary results, the KPÖ came out on top on Sunday with 29% of the vote, ahead of the centre-right Austrian People’s Party (ÖVP) on 25.7%. “Their success in Graz is down to their focus on local issues -- especially housing policy -- while scaling back any Marxist ideology.” In Berlin, however ,  Germany’s highest court ruled  in favour of capital in April saying  that a cap the local government imposed on rent prices last year was unconstitutional and void.   The rule froze rents for some 90% of Berlin apartments at June 2019 rates for five years. In many cases, existing rents needed to be reduced to conform to the new threshold. After the court ruling, many tenants faced hefty back payments.