This should be an important first step in a conversation about how speculative finance has affected the right to a home
For most tenants in the UK – conditioned to the prospect of rising rents, poor living conditions and the ongoing threat of eviction – the very idea of receiving a letter from their landlord outlining a reduction in their monthly rent would be absolutely unthinkable. And yet this is exactly what has happened to thousands of renters in Berlin, as the second stage of the city’s rent cap, or Mietendeckel (literally a “lid” on rents), came into force on Monday.
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