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submitted 9 months ago by yesman@lemmy.world to c/memes@lemmy.world
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[-] mrcleanup@lemmy.world 32 points 9 months ago

That's just renting when the landlord sells the house.

[-] Senshi@lemmy.world 6 points 9 months ago

Unless you live in a slightly more evolved country, where a simple ownership transfer is not enough to kick out the renters and you actually have rights. Here you need to prove that you either want to use it for yourself ( 2 years minimum, government checks up on that) or it is somehow damaged beyond repair.

It's rather common here that people get paid 10-100k euros just so they move out of an apartment ( this is per flat/apartment, so numbers can get huge for bigger buildings) and the owner can sell the empty old building to an investor/developer. Shows what insane profit margins are still to be had, if they make profits despite that.

This usually happens with old and cheap buildings in now gentrified, suddenly fancy neighborhoods.

this post was submitted on 10 Feb 2024
716 points (96.9% liked)

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