So far, the COVID-19 pandemic has had little effect on the German housing market. It has left barely a mark on real estate prices or rentals. But the pandemic is not over yet, and even if it was: the past months have triggered some developments that will transform our working world and are likely to have a considerable impact on the housing market in the long term.
In recent months, many countries have introduced enormous stimulus packages to help their economies overcome the devastation caused by the COVID-19 crisis. In Germany, the government made available emergency funds, created sector-specific relief programmes, and implemented demand stimulus measures such as a temporary reduction in the sales tax rate.
After having spent more than two hundred pages on Kantian philosophy, Goethe’s Wilhelm Meister, and a number of obscure German Pietists, Jennifer A. Herdt hurls the reader of her newest book back into a seemingly very different present.
Berlin’s recently introduced rent control policy is Germany’s single most stringent rent regulation tool. The law prohibits any rental increases for a period of five years. In the case of new rentals, the rent a landlord is allowed to charge is determined by fixed reference values based on the age and fittings of the unit in question.
The legacy of Bader Ginsburg, who was nominated to a seat on the DC circuit appeals court by Jimmy Carter in 1980 and finally nominated for the Supreme Court by Bill Clinton in 1993, is the social equality of women, LGBTIQ and other minorities. She fought for an open America that finds its strength in diversity.
The transfer of data from the EU to the US violates the right to privacy as well as European data protection laws because data are not sufficiently protected against interception by US agencies such as the National Security Agency (NSA) or the FBI.
In June 2020, the German cabinet introduced a regulation banning certain single-use products made of plastic; the European Union had already introduced a similar regulation in May 2019. In future, the sale of products such as throwaway plastic cutlery, plates, straws and cotton buds will be prohibited.
On the face of it, COVID-19 has changed everything. Suddenly, homeschooling seems to be the new norm and many parents have to tackle a tremendous challenge for which they have hardly been prepared.
The city of Gangelt offers the chance to better understand the virus and its means of transmission. A team of scientists led by virologist Professor Dr Hendrik Streeck from the University Hospital Bonn conducts an in situ study and presented the first results before Easter.