Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"In Sunday’s election, voters will decide whether the government should take control of apartments from the biggest landlords to protect affordable housing."

https://www.bloomberg.com/news/features/2021-09-23/berlin-referendum-targets-city-s-corporate-landlords

PROPERTY RIGHTS DO THEY EVEN EXIST ANYMORE?

"That campaign is a grassroots fight to transfer rental properties owned by landlords with more than 3,000 units to public entities. Activists have succeeded in getting a referendum — advisory rather than binding — on the ballot for Sept. 26, the same day as Germany’s national and local elections. If passed — by no means a foregone conclusion — that proposal could mean 226,000 apartments going into public ownership. As cities around the world grapple with similar affordable-housing crises, Berlin’s electorate would be the first to vote on possible measures to wrest back properties from private landlords."

"Polls suggest that on Sunday a majority of Berliners will vote in favor of expropriation."

“Expropriation will only bring a redistribution of existing housing. It doesn't create a single additional apartment,” says David Eberhart, from the Association of Berlin-Brandenburg Property Companies, an industry group that represents the interests of around 350 private and cooperative housing companies in Berlin. "