Real estate experts warn: More than 600,000 apartments are missing. Given the collapse in approval numbers, only 150,000 new apartments are expected per year.
President of the Central Real Estate Committee (ZIA) Andreas Mattner speaks of a ‘real siren alarm’ The ZIA is proposing a program from the state development bank KfW that would reduce market interest rates to two percent. With a funding amount of three billion euros, this would bring about 100,000 additional apartments.