Real estate industry in crisis: housing shortage worsens – economy

The real estate industry is stuck in crisis. “Those who build will go bankrupt,” warns the umbrella organization and demands more money from the state. Construction Minister Geywitz makes demands on states and municipalities.

It should probably be the good news for the day: At 11:42 a.m. sharp on Tuesday, the state-run KfW development bank sent out the news that it was once again accepting applications for climate-friendly new buildings, cooperative apartments and barrier-free renovations. That was happening in Berlin the latest report from the so-called “real estate experts” presented. The five-member committee, led by Freiburg economist Lars Feld, prepares a spring report on the situation on the housing market once a year on behalf of the real estate industry association ZIA.

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