New standards in new construction and their impact on us

  • Erstellt am 2024-07-12 13:54:01

nordanney

2024-09-09 23:27:36
  • #1
You have to completely disconnect or separate owner-occupied housing from rental housing construction. Owner-occupied homes only have to be affordable. Rental housing must be profitable. And with the large housing companies, like Vonovia or LEG, which are currently focusing on affordable housing and offering average rents of 6-7€ as affordable, you cannot build as cheaply as necessary in their core markets, such as the Ruhr area. Even in social housing (in terms of quality), you have to reckon with nearly 3,000€/sqm pure construction costs. But for these apartments to even be affordable, you usually need rents well above 10€ – it’s just nonsense when only clientele who can afford 3.8€ to 4.95€ live in Duisburg Marxloh. The decision there is digital – do it or leave it. I had new buildings from a housing company in Cologne on the table. To finance them and still get a return (we’re talking about returns of just over 3% after all costs and financing, so you don’t get rich from it), the rent MUST be 15€/sqm. For the homeowner, a return doesn’t matter. They build their house for T€ 750, for which they would get 2,000€ rent per month. That’s 3.2% return BEFORE taxes, management, maintenance, rent loss, etc. The homeowner can do that; it’s for themselves and you can’t calculate quality of life with returns. Vonovia and others cannot do that – they would rather need 5,000€ rent or more, which no one can afford. That’s where the problem comes from. It doesn’t matter whether I offer 40sqm apartments at 15€/sqm or 200sqm apartments at 15€/sqm. Nobody simply rents those. You can compare this a bit with e-cars. Which ordinary person can and wants to buy a "green" car for 80k? The market is lacking.
 

chand1986

2024-09-10 05:20:23
  • #2
But e-cars are actually becoming cheaper. Will living space ever be produced (much) cheaper again? And if the answer is "no," how do you solve the problem?
 

nordanney

2024-09-10 07:08:06
  • #3
And that brings us back to the beginning of the thread... Besides that, there is the possibility of serial building (there are already various model homes). However, acceptance for this is extremely poor, as everyone immediately thinks of prefabricated slab buildings. The answer is therefore: Yes, if... and then mainly in multi-family residential construction. Normal single-family homes will not become significantly cheaper.
 

Buchsbaum066

2024-09-10 07:32:56
  • #4


Well, the concept of prefabricated buildings in the GDR was not that bad. The apartments had layouts that were good and not inferior to today's standards, a balcony, and were space-saving as well as very cheap to build. Regarding the plot of land.

Infill development in inner cities in prefabricated building style existed just as well as freestanding so-called cube houses. 6 floors with 4 apartments each on less than 200 sqm of land.

The problem was only the thermal insulation and the relatively thin wall thicknesses.

Unfortunately, even today, especially large apartment blocks are still being massively demolished with state demolition grants instead of being renovated.

They could also have dismantled the houses and rebuilt them where there is a housing shortage. Insulation and new windows would not be a problem by now.

I am currently renting out for 4.50 - 5.50 per square meter. However, the state regulations are making it increasingly difficult for me to maintain this price. I cannot avoid massive rent increases.

The requirements of the authorities must also be taken into account. They only pay capped heating costs as well as limited rents. So it is becoming increasingly difficult for socially disadvantaged people to find affordable housing.

It will be exciting when the German welfare state collapses under its own burden. It will not be possible to permanently support millions of refugees and citizens receiving social benefits to such an extent with a shrinking economy and declining tax revenues.
 

nordanney

2024-09-10 08:03:03
  • #5

Nowadays, nobody wants to live in Plattenbauten. Acceptance vs. quality.

What regulations have you received?

Well. But you must not increase massively.
 

Buchsbaum066

2024-09-10 08:21:30
  • #6


Why not? In my opinion, a 20 percent increase is already massive.



I do have a solidly built rental property, but with a prefabricated slab building floor plan. Highly sought after and fully rented. Not the most beautiful building visually, but with a great view, balconies facing south. There are still fans of that.
 

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