Bochum, Deutschland, Wed, Aug 15 2007
Ignoring the protests the government abolished the country regulation on legal protection of tenants after condo-conversion.
Regarding the privatization of LEG the government currently is working on the preparation for sale to a large investor. At the moment the hope is that the crash of the international speculative real estate market will reduce the capacity of financial investors to pay a reasonable price.
The struggle continues.
Knut Unger, Mieterforum Ruhr
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