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Shocking decline in building permits in Germany

Shocking decline in building permits in Germany

  • Matthias Holzmann
  • May 18, 2024
DA-ORO-VP-Visualisierung-Strassenseite-hell-klein

Real estate twilight: Shocking decline in building permits for housing in Germany

In view of the latest figures from the Federal Statistical Office on building permits, the situation on the housing market is coming to a head. Housing is also a question of social cohesion.

According to the Federal Statistical Office, the number of approved apartments in 2023 fell by 94,100 compared to the previous year to 260,100 apartments - the lowest level since 2012.

A temporary waiver of land transfer tax and municipal levies on housing construction would also be steps that would bring "fundamental change". According to the ZIA, there will be a shortfall of 720,000 apartments by 2025 and as many as 830,000 by 2027.

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Kind Regards

Matthias Holzmann

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Matthias Holzmann

Matthias Holzmann

  • Matthias Holzmann, Founder Immobilienstrategie

Buy real estate as an investment without paying for it yourself. Take advantage of real passive income through rented properties with future potential, high returns and tax benefits. Avoid mistakes when buying real estate and work with experienced professionals. That is my motto with over 27 years of professional experience and over 1,000 satisfied customers.

Sincerely, Matthias Holzmann

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