How to solve Germany's housing crisis
Olaf Scholz' government thinks it can solve the housing crisis by throwing more money at the problem. A combination of deregulation and higher taxes would be better.
The Scholz government titled its coalition agreement 'Mehr Fortschritt wagen,' meaning 'Daring to make more progress,' and it didn't hold back on the ambition of its promises.
Regarding housing, the agreement pledged the construction of 400,000 homes annually, a quarter of which were supposed to be social housing.
Given th…