Lawmakers in Berlin have approved a five-year rent freeze, significant move that follows voter backlash over rising property prices. The law will apply to an estimated 1.5 million apartments, and is likely to face legal challenges from property owners, the Financial Times reported. The law is supposed to start in 2020, but will apply retroactively to all rental agreements starting earlier this week. Similar battles are playing out throughout the U.S. In New York, state […]
source https://therealdeal.com/national/?p=195850#new_tab
No comments:
Post a Comment