Wrongly excited of course:
But one of the most significant developments in voters’ weekend trip to the polls was a local referendum in Berlin, which strongly endorsed a campaign to expropriate properties owned by large corporate landlords.
Nope. There is no expropriation even being suggested.
The constitution allows for the socialisation of private assets “by a law that determines the nature and extent of compensation”. Many legal experts also agreed that taking back housing into social ownership was permissible under the constitution.
What is being suggested is that the City of Berlin raise the cash to buy the properties. The amount is around and about one year annual budget. Roughly.
This is not expropriation. It might be terribly stupid all the same but it ain’t expropriation.