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Comment by DangerousPie

I think it's the opposite. The rent cap (at least in the way it was implemented) achieved nothing to solve the problems that exist in the Berlin rental market. It led to a huge decrease in rental supply. Yes, rent may have been cheap for the few people who managed to get a place, but it was a lottery with dozens of applicants for each flat. This mismatch of supply and demand is exactly the kind of thing that would be solved through pricing in normal markets.

And rents rising as a city becomes a more desirable place to live just makes perfect sense. If you are convinced that this will happen in your city maybe now would be a great time to buy a place?

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