Berlin housing crisis tops agenda for city’s new mayor

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DPA

Berlin’s likely next mayor, Franziska Giffey, is facing tough coalition talks, with the city’s housing crisis a key issue following a referendum vote calling for the public takeover of many properties owned by major residential rental companies. The city-state’s election authorities said late on Sunday that 56.4 per cent of voters backed the expropriation of the housing stock, with the success of the referendum underscoring the anger in the city about rising rents and the lack of affordable housing. About 39 per cent of the electorate rejected the plan to limit housing groups’ property portfol…

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