Berlin passes new apartment Law
by FFE EU News staff
Berlin passed The Law on the Prohibition of Misuse of Housing on Thursday which seeks to ban the use of apartments as short-term rentals for tourists.
The law was passed by the city-state’s Senate as a reply to complaints of noise made by tourists staying in apartments. The law is likewise seen as a solution to Berlin’s problem of rising apartment rents.
As Berlin sees a boom in tourism, landlords have been converting their apartments to vacation accommodations for tourists who pay more for their stay. The practice has led to some 12,000 apartments being taken off the long-term rental market.
Matthias Brauner of the centre-right party Christian Democrats (CDU) believed that the new law will bring 8,000-12,000 apartments back into the market in two years. But many critics doubt that the new law will be effective.
The Chamber of Industry and Commerce said that the law only serves as a ‘housing policy placebo’ since it will prevent new housing constructions until 2016. The Association of Berlin-Brandenburg Housing Companies meanwhile stressed the need for massive housing constructions to accommodate residents and tourists alike.