The Battle of Berlin - People, Courts and a Bunch of Billionaires

It was a radical experiment – impose a rent cap on apartments in Berlin so that tenants wouldn’t be priced out of the city by the big money actors moving in. It was challenged in the courts by Members of Parliament – litigation supported by a lobby of institutional landlords. On 15 April 2021, the highest court in Germany struck down the rent cap, ruling that the Berlin state government had exceeded its jurisdiction. It's a devastating ruling for tenants, many of whom now have to pay back ren...