Schrottimmobilien - Die Geschichte von einem, der auszog, das Fürchten zu lernen: Vortrag, gehalten vor der Juristischen Gesellschaft zu Berlin am 16. Juli 2008

A spirit of optimism flowed through Germany after the reunification: the investment programs laid out for the newly-formed German states promised big tax advantages: you just need to invest in real estate and everything will take care of itself: renting out will finance the interest payments. If a residual financial debt remains, the Internal Revenue Office will help. This lecture demonstrates the distortions encountered when legislation does not understand how to balance the consequences of structural imbalances.