This is great. I also want affordable housing for everyone, but capping rents does not deal with the core problem: There's not enough supply. I am baffled how some people do not understand this.
Also, for many people in Germany buying e.g. a single apartment is an investment for their later retirement. It's not all big and evil real estate companies.
Everybody understands this, except people taking part in movements hijacked by the wealthy to block any new developments. Here in New Zealand they are using indigenous groups to achieve the goal of blocking new builds, in Germany it's the green movements.
Something tells me governments are also interested in real estate prices going up.
Also, for many people in Germany buying e.g. a single apartment is an investment for their later retirement. It's not all big and evil real estate companies.