(Bloomberg) — Denmark’s new left-wing government pledged tough laws to control housing costs and singled out Blackstone Group Inc. for “unsustainable” rental practices.Kaare Dybvad, the Danish housing minister, said Blackstone is “challenging” local legislation “where there are holes.” By taking advantage of those holes, the concern is that properties are being bought up and then rented out at prices that Danes are finding increasingly difficult to afford.Speaking in an interview in Copenhagen on Tuesday, Dybvad said that “it’s clear we need to do something about this.”“We’re not going to legislate around an individual firm, but the way this has been …read more
Source:: Yahoo Finance
