Friday, September 4, 2020

The Pascha Story

If you bring up the 'Pascha'....a fair number of Germans will know of the capitalistic venture....a massive 12-story hotel-like building in Koln, which was the largest brothel in Germany.

It'd been around since 1972, and had 126 rooms which were for hookers (legal, in the absolute sense).  Cost was 180 Euro per day to rent.

So this week, they declared bankruptcy.  The cause?  Covid-19 and ban rules.

All across Germany, all of the brothels....in the hundreds....have been shutdown and non-operational going back to March. 

So what happens?  Well...by German bankruptcy law....the state will step in and have a lawyer assume ownership....to rebuild the operation and hope to sell it in the future. 

If you can't use the building for hookers....then what?  Well....it probably will turn into refugee housing or low-income housing for the homeless. 

The odds of this....getting a change of rules or allowing the 'business' to start back up?  More or less zero.  No one in the business (at least in social media circles) believes the legal brothel or prostitution business will start up anytime over the the next two years. 

What'll happen?  My best guess is that illegal operations will now start up, and flourish under the nose of the authorities. 

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