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The massive increase of real estate prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse...
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What can be done about the significant increase in rents on the tight housing markets in Germany? One way is to better support housing cooperatives. The analysis of surveys among housing cooperatives and the 2011 and 2022 census show that although housing cooperatives are also significantly...
Persistent link: https://www.econbiz.de/10015173553
This article examines the recent downturn in Germany's housing construction sector, marked by a significant drop in business climate indicators. Key factors include material shortages, order cancellations, financing constraints, and a lack of new orders, which have worsened since the COVID-19...
Persistent link: https://www.econbiz.de/10015047244
The Federal Ministry of Finance wants to allow German Federal States to lower the property transfer tax rates for owner-occupied housing. There is evidence that such tax heavily distorts the housing market. However, since the tax is an important source ofrevenue for the Federal States, it...
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Die hohen Flüchtlingszahlen und die wachsende Nachfrage nach Wohnungen in den Ballungsräumen haben die Politik veranlasst, die lange vernachlässigte öffentliche Wohnraumförderung wieder in den Blick zu nehmen. Um rasch neuen Wohnraum anzubieten, schlagen die Autoren unterschiedliche...
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In den Koalitionsverhandlungen wurde ein Paket für bezahlbares Bauen und Wohnen vereinbart. Das Paket enthält unter anderem eine Mietpreisbremse, deren Wirkung die Autoren insbesondere auf längere Sicht kritisch sehen. Sie fürchten, dass dadurch weniger Wohnungen angeboten werden und ein...
Persistent link: https://www.econbiz.de/10011477685
In 2021, 293,000 dwellings were completed in Germany. This is at least 130,000 more than were completed at the low point in 2010, but less than the government had planned in order to limit the housing shortage. It is very likely, that residential construction is going to decline following the...
Persistent link: https://www.econbiz.de/10014001260