KfW BEG funding stopped 261, 262, 263, 264, 461, 463, 464

Yes, how well off we are and what a rich country we are is often mentioned. Why is the homeownership rate in countries that we financially support significantly higher? People who build usually make sacrifices

Sacrifices, especially abroad:
"Furthermore, only 2.7 percent of people in Germany have problems keeping their houses warm. Because insulation is worse abroad, the rates are much higher elsewhere. 9.6 percent of Romanians live in cold homes, 27.9 percent of Lithuanians (with an 89.9 percent homeownership rate in 4th place) and even 33.7 percent of Bulgarians. Their homeownership rate at 83.6 percent is also significantly higher than in Germany."

Aside from that, the low ownership rate has real reasons:
- GDR socialism with panel buildings
- destroyed houses in Germany after the war ==> apartment block construction afterwards (with subsidies, WBS, housing allowance, etc.)
- living in Germany is good in rental apartments because of a high supply and many rights for tenants (in Sweden, you can sometimes pay €100,000 for a RENTAL APARTMENT in a desirable location! Note, for a RENTAL apartment)

In Germany, about 50% of houses are paid for with loans. In many other countries, there are inherited existing properties from the past. Result for housing quality as above.

Still surprising that little is being built, since property prices in Germany (in big cities) are relatively cheap (in relation to income, Germany belongs to the cheapest countries in the EU). Renting simply seems very attractive and flexible.

I do believe that it will come back. The wave of outrage is simply too big now, and as a new government, they want to shine. But I wouldn’t count on anything more with EH55; that was supposed to expire anyway next week. Maybe with EH40, 40+ will probably come back but certainly significantly reduced. And I can well imagine that it will then be more limited in time and gradually phased out a bit each year, completely disappearing in 2-4 years.

I flipped through the media world and actually read quite little about it. The headlines are dominated by other topics. Surely the wave of outrage is big where affectedness exists. But overall, it is a relatively small fringe group.

Therefore, I am really curious whether anything significant will still happen in new construction. As mentioned, I assume that they will still take care of the already submitted applications and should do so. But why phase out bit by bit? Usually, the outrage is big at the beginning, and then people come to terms with it and continue their lives. The cause is already there. No matter what comes next, you can’t catch them anymore anyway. So you can actually skip the gradual phasing out :-)

I once flipped through the media world and actually read quite little about it. The headlines are dominated by other topics. Surely the wave of outrage is big where affectedness exists. But overall it is a relatively small fringe group.

Then my phone must be creating a nasty filter bubble for me. When I scroll through the news, I definitely get shown about 5 articles on it. Even in the somewhat less personal bubble of the FAZ, I think there was an article about it almost every day. Sure, other topics are bigger, but I do believe there is a certain public awareness and that politics wants to make up for something there. Geywitz also immediately tried to say that something will come back.

Apart from that, the low ownership rate has real reasons: ...

Don’t forget the topic of tenant protection. Existing rents are difficult to raise, and partly they also wanted to cap them.

I read on Focus that 55 is supposed to become the unfunded standard and 40, 40EE and 40+ will come back... Just the height ‍♂️

At the beginning of the week, [Klimaminister Robert Habeck] abruptly stopped the promotion of energy-efficient buildings. However, some applicants are still supposed to receive money.

Still amazing that little is being built, since property prices in D (in big cities) are relatively affordable (in relation to income, D is among the cheapest countries in the EU). Renting simply seems very attractive and flexible.

*cough*
Bold thesis considering the prices in Munich and Frankfurt. Or are you aiming at the comparison with London &Co?
:D
“So a square meter in a Munich new building cost an average of 11,680 euros in the second quarter of 2021. This corresponds to a growth of +11.9 percent compared to the previous year.”