Geywitz seeks to simplify and reduce construction costs.

Geywitz seeks to simplify and reduce construction costs.

Minister of Building, Klara Geywitz (SPD), feels positive about constructing more houses in Germany. Despite the crisis, the construction industry has maintained its footing with approximately 295,000 new homes being built in the country last year. Geywitz shared her sentiments during the Real Estate Day in Berlin, though she acknowledges that it's going to be a difficult year due to the economic slump. Building applications have seen a decline.

The Ludwigsburg politician is hopeful about the future but understands that the year would pose a challenge. To attain a goal of 400,000 new homes annually, major productivity boosts are required. The traffic light coalition has set this goal in the past. Geywitz once again voiced her support for serial construction - aka, building in series. However, she emphasized that new structures shouldn't look identical to those erected decades ago.

She mentioned, "Beautiful or ugly, they [homes] can be built manually or serially." While high demands are placed on energy efficiency, aesthetics, and other aspects, housing costs could skyrocket. Poor people may not be able to buy or rent homes under such circumstances. "That's not my model," she declared.

Geywitz announced multiple rules aimed at easing and reducing the cost of building. For instance, "construction type A" is projected to be allowed in the future. This approach entails fewer standards and cheaper construction. She emphasized the need for a plethora of regulations, including noise and air regulations. Additionally, certain parking space requirements should no longer be enforced. There are also tax benefits and interest rate discounts, grants for transforming commercial buildings into residential areas, and subsidies for reworking vacant commercial buildings into residential buildings.

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1. Minister Klara Geywitz, a member of the SPD within the Federal Government's coalition, expressed optimism about constructing new buildings in Germany, despite the ongoing economic crisis.
2. In Berlin, at the Real Estate Day event, Geywitz highlighted that the construction industry managed to build approximately 295,000 new homes last year, showcasing its resilience.
3. Despite her hopefulness, Geywitz acknowledged the challenges ahead due to the economic downturn, as building applications have experienced a decrease.
4. In an attempt to reach the target of 400,000 new homes per year set by the coalition, Geywitz endorsed serial construction, emphasizing the importance of modernizing without creating monotonous structures.
5. To facilitate construction, Geywitz proposed a series of measures, such as allowing "construction type A" in the future, which comes with fewer standards and lower costs.
6. The Germanministerin also encouraged reducing regulations, like noise and air regulations, and reconsidering certain parking space requirements while offering financial incentives, grants, and subsidies to promote real estate development and address the housing affordability crisis.

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