29 Apr. 2021

Gambling With our Homes: Challenging Speculation in Berlin and New York

Thursday, April 29, 2021 at 12:30pm EDT

Risky, speculative behavior by real estate investors and lenders has played a central role in driving up rents in Berlin and New York over the past few decades. Large financial firms have bought up hundreds of thousands of apartments in both cities, betting on gentrification to generate profits and taking on unsustainable amounts of debt. Because investors see homes as financial vehicles rather than places to live, these companies have become notorious for deferring maintenance, hiking up rents, and systematizing evictions.

A resurgence of housing-centered organizing in both cities has focused on addressing speculation of housing and land. During this panel, we will discuss concrete policy methods for addressing speculative real estate investment including landlord research, financial regulation, and taxation. We will also discuss how housing justice movements have incorporated these policy proposals into their grassroots campaigns.

Discussion with Caren Lay (Die LINKE. in the Bundestag), Jabari Brisport), Tarry Hum (Queens College), Christoph Trautvetter (Advisor for the project “Who owns the city?”, Rosa-Luxemburg-Stiftung), Julieta Perucca (The Shift).

Presented by Oksana Mironova (Fellow, Robert-Bosch-Stiftung)

This event is a cooperation between the Rosa-Luxemburg-Stiftung and the Rosa-Luxemburg-Stiftung’s New York City office. It is part of the series of events For a Right to the City from Berlin to New York from 27 – 29 April.

The event-series will be held in English and German.

Please register for the event, and direct any inquiries to anastasia.blinzov@rosalux.org.