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" "By 1939 the national debt had reached 37.4 billion marks. The reemployment of millions of jobless and the rearmament of German military forces had been financed by borrowing gigantic sums of money. Even Goebbels, who otherwise mocked the government’s financial experts as narrow-minded misers, expressed concern in his diary about the exploding deficit.
Götz Haydar Aly, (born 3 May 1947) is a German journalist, historian and political scientist.
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The fact that those affected by the real estate inflation had paid 4.5 billion reichsmarks of the levy in cash temporarily throttled the circulation of hard currency. Representatives of property owners’ associations agreed to the measure because the state again promised to get rid of the tax once and for all. Nevertheless, many property owners feared they would be ‘fleeced’ by government rent controls, compulsory reserve funds, or increases in the basic real estate tax… And in early 1944, Reich economists began discussing new ways ‘to better exploit property ownership to cover state debts.’ Polemics against landlords continued to appear in party organs such as Das schwarze Korps, the official newspaper of the SS… Since the start of the war, landlords had been legally prevented from renovating their properties. Nevertheless, rents still included tenant contributions towards rebuilding work…. Discussions of the property tax were framed by the general principle that materially better-off Germans were to bear a considerably larger share of the burden of war than poor ones.