News analysis

Housing issue could dictate Germany's future path

Questions over rising social inequality and wealth distribution part of heated debate

Karl-Marx-Allee is a Stalin-era boulevard that is lined with apartments built in baroque style. Once a showpiece of the former East German government, it is now at the front line of a battle against rampant gentrification in Berlin.

Banners hung outside windows protest against the sale of 680 apartments by a property management firm to another firm Deutsche Wohnen. Residents, worried about higher rentals, are demanding the nationalisation of more than 110,000 units owned by Deutsche Wohnen, one of Europe's largest housing firms.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on May 03, 2019, with the headline 'Housing issue could dictate Germany's future path'. Print Edition | Subscribe