In view of the difficult conditions for new construction, such as a shortage of materials, IG-Bau is calling on the real estate industry to look for alternative solutions. The union is thinking, among other things, of converting vacant offices into living space as well as raising the roofs of residential buildings built in the post-war period up to the end of the 1990s. According to IG-Bau, roof extensions alone could create around 1.5 million new homes.
"It is fatal to put the brakes on new construction in a phase of growing immigration and increasing housing shortage. Anyone who then still wants to blithely turn the rent screw and even talks about it in public lacks any measure of social responsibility," says the IG-BAU Federal Chairman, Robert Feiger. The real estate economy must follow its social responsibility. In addition to constant rents and the extensive renunciation of rent increases, he calls for continuity in housing construction.
According to Robert Feiger, the real estate industry should not fall into a "comfortable lethargy": "It is of course comfortable, especially for large private housing companies, to put their hands in their laps when they know that any housing shortage on the market will ultimately lead to rising rents and thus higher returns." This, however, is a "very perfidious way of dealing with the crisis."
Source and further information: igbau.de
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