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2019-06-19 08:53:41
- #1
| Building permits in Germany continue to decline |
| You could post entire articles about it, right? Thought it might fit here... WIESBADEN (dpa-AFX) - There is no relief in sight on the tight housing market in many parts of Germany: in the first four months of this year, fewer building permits were issued than in the same period last year. The authorities gave the green light for the construction of around 105,800 new apartments, the Federal Statistical Office announced on Wednesday. According to the Wiesbaden authority, this was almost 1,500 units or 1.3 percent less than a year earlier. According to the data, there was only an increase in single-family houses, up 2.2 percent to 29,013 construction projects. Statisticians recorded declines in all other types of buildings. This was particularly noticeable in two-family houses (down 5.2 percent to 6,546 construction projects). For multi-family houses, permits were 53,388, 0.5 percent below the value of the previous year. To meet the high demand for housing, politics and the construction industry in Germany estimate that 350,000 to 400,000 apartments need to be built each year. Last year, the construction of just under 302,800 apartments in purely residential buildings was approved. Including non-residential buildings, there were around 347,000 permits in 2018. New construction is being held back by the scarcity of land in metropolitan areas, sharply rising prices, and craftsmen struggling to keep up due to full order books./ben/DP/mis |