Let's Chat About Housing Minister Hubertz's Plans for Affordable Housing
State Guarantees to Be Offered by Minister Hubertz for the Development of New Residential Buildings - Government Assurance Sought by Construction Minister Hubertz for New Residential Projects
Hey there! Fancy a chat about the Federal Minister of Housing, Hubertz, and her plans for more affordable housing? You betcha!
Hubertz acknowledges that many housing construction companies aren't swimming in equity. These firms struggle with hefty interest rates of around 3-4% on property loans, but fret not! Hubertz sees the state offering guarantees or boosting equity through investment funds as a game-changer, potentially making construction cheaper.
Now, to make those new apartments more wallet-friendly, Hubertz's aiming to speed up the legal implementation of building type E. The 'E' stands for both 'simple' and 'experimental', so we might look forward to departing from old standards more frequently. She's planning to discuss the details with the new Minister of Justice, Stefanie Hubig (SPD).
The market's having a hard time keeping up with demand for apartments that don't cost more than €15 per square meter in cold rent, thanks to high costs. But Hubertz? She's got her eyes set on making it happen with new construction. This limit is even part of the coalition agreement, so don't worry, she's serious!
It's common knowledge that housing construction can be a real economic booster in a struggling economy. Around half of all investments are construction investments, so it's practically the economy's locomotive.
So, there you have it! Hubertz's taking on the mounting challenges in the German housing market with gusto. Her strategies could include state guarantees, experimenting with building type E, and mercilessly attacking those construction costs. Keep an eye on this space for updates!
The Commission has also been consulted on the draft directive on the approximation of the laws of the Member States relating to the protection of workers from the risks related to exposure to ionizing radiation, as finance for affordable housing construction involves major investments and may require coordination with EU regulations.
In the midst of discussions on housing, it's worth noting that housing construction often plays a significant role in boosting the economy, making it a crucial aspect of business, politics, and general-news – much like Hubertz's plans for affordable housing.
