Ancillary housing costs in North Rhine-Westphalia (NRW) have recently risen by an unusually high 9.7%. Net rents have also risen by 1.7 percent. Overall, housing costs have risen by 5 percent as a result. Tenants in NRW now have to pay an average of €13.15 per square meter per month for housing - of which €7.68 is for rent and €5.46 for...
In 2020, Germans generated around 31 kilograms of self-compostable waste per capita. This is according to estimates carried out by the Federal Statistical Office for the first time. Excluding biowaste from agriculture or the manufacturing industry, the total volume of biowaste from the municipal sector amounted to 14.4 million tons in 2020. In addition to the self-composted...
The Urban Land Institute (ULI) and JLL provide information about co-living in a best practice guide. Co-living involves people living together in a property for a period of time, usually in a city. There are many reasons for this: too expensive living space, being alone or the desire for greater energy efficiency lead to co-living. Co-living is aimed, for example, at...
Buying a property is becoming increasingly difficult for many potential buyers. At least that is what the Immowelt Group assumes due to the key interest rate hike by the European Central Bank (ECB) and the associated expected increase in building interest rates. For example, if a family wanted to buy a house in Stuttgart, they would only be able to take out a loan of 322,000 euros in the third quarter of 2022 in order to...
A good 52 percent of homes in Germany are heated with natural gas. This is according to the 2021 consumption data study by energy service provider Techem. The study analyzed data on final energy and water consumption as well as the costs for heating and hot water in 2.1 million German homes in around 176,000 apartment buildings. The study also included more than 90,000...
The risk of a real estate bubble is highest in Frankfurt am Main, Zurich and Munich after Toronto. This is the result of a study by the major Swiss bank UBS. According to UBS, real estate prices in Frankfurt am Main have more than doubled in nominal terms. Between mid-2021 and mid-2022, however, growth in the two cities was only around 5 percent. The major Swiss bank...
In a study, the Mercator Research Institute on Global Commons and Climate Change (MCC) recommends creating a social package instead of the additional tax cut on gas. In this package, the one-off energy price lump sum of EUR 300 should be replaced by a regular "Energy Price Lump Sum Plus" of EUR 80 per month for taxpayers with a net salary of no more than EUR 3,000 and EUR 40 per month for...
If you want to buy a new-build apartment in Munich, you will have to dig deep into your pockets. According to the study "11th edition of the Property Index - Overview of European Residential Markets" by Deloitte GmbH Wirtschaftsprüfungsgesellschaft, Munich is the second most expensive city in Europe in this respect. While buyers in Munich have to pay 10,500 euros per square meter, the...
The 100 largest listed construction companies are building more and more despite the coronavirus pandemic. This is according to the "Global Powers of Construction" study published by Deloitte GmbH Wirtschaftsprüfungsgesellschaft. According to Deloitte, total turnover in construction activity amounted to USD 1.8 trillion in 2021, an increase of 14% compared to the previous year. Deloitte shows...
Apartments with 1.5 rooms for sale and rent are still in demand. This is according to the "IW-Cube Compact Living Report 2022". Purchase prices for these so-called "compact living properties" rose by 12.2% from 2020 to 2021, adjusted for quality. Rents rose by 2.5% in the same period, adjusted for quality. The purchase prices for 1.5-room apartments...
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