Enthusiasts: IW estimate: In 2022, only 290,000 new apartments are built

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Häuser mit Wohnungen stehen in einem Neubaugebiet. Foto: dpahttp://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA106URO.img?h=152&w=270&m=6&q=60&o=f&l=f © provided by Wirtschaftswoche houses with apartments are in a new development area. Photo: Dpadata portal copyright =

400,000 apartments are to be rebuilt annually according to the federal government. According to calculations by the Institute of the German Economy (IW), this goal is once again a long time missed.

According to calculations by the Institute of German Economy (IW) in Cologne, the Federal Government will miss its goal of 400,000 newly built apartments in this and next year than in 2021. According to an estimate, 290,000 new apartments will be estimated that IW real estate economist Ralph Henger Created exclusively for Wirtschaftswoche, completed in Germany in 2022 and 2023.

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That would be another decline. In 2021, 293,400 new apartments were rebuilt, 13,000 fewer than in the previous year. The scientist responsible for financial and real estate markets does not share even lower new construction expectations that have recently been heard from the real estate industry. Henger refers to the high number of 360,000 to 380,000 of the building permits in the past three years. Since "less than 80 percent of the approved buildings have never been completed in the past", he only now expects a stagnation of the housing products and no massive slump despite increased construction prices, lack of materials and interest rising. However, the significant increase in completions, which the federal government had promised to create inexpensive living space, is not to be expected in the medium term.

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