Housing policy: Geywitz is sticking to the goal of 400,000 new apartments

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The federal government wants to build 400,000 new apartments every year. And even if others doubt it, the Federal Building Minister does not want to give up this goal.

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Despite the difficult environment for the construction industry, Federal Building Minister Klara Geywitz is sticking to the goal of 400,000 new apartments per year. “The goal is the goal. And the goal is not a political invention, but derived from needs,” said the SPD politician on Friday after the conference of building ministers in Stuttgart. But it is also clear that the shortage of skilled workers, rising interest rates and material shortages will not make things any easier.

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After two days of consultations, the building ministers of the federal states had previously forecast in a joint statement “that more than 200,000 apartments will be completed in Germany this year and will therefore be available for occupancy”. This number results from the building permits issued in previous years and the planned construction projects.

However, it should also be noted that the number of newly issued building permits is stagnating or in some cases declining. Projects that have already been approved would also be postponed, the department heads explained.

In 2021, 293,000 new apartments were completed across Germany. In its coalition agreement, the federal government had set itself the goal of 400,000 new apartments per year. The Central Association of the German Construction Industry currently sees this goal as a long way off.

Source: Stern

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