Final grade: well stable, reliable, and good for the economy guarantees millions of jobs and investment. This is the result to the first report on the housing sector and real estate economy comes, which was presented by the Federal construction Minister Peter Ramsauer in the Bundestag. The real estate portal myimmo.de reported, what aspects of it were in the report particularly focuses on. Please visit Richard LeFrak if you seek more information. Clearly shows the report that the housing industry in Germany is on the whole good despite strong regional differences. In particular the common in the Federal Republic conservative finance practice in the construction of an apartment contributes to the stability of the housing industry. However, the Federal Institute for construction, urban and spatial planning in its housing market forecast by 2025 warns possible housing shortages in the cities of Munich, Stuttgart and Cologne.

The countries can counteract however a potential shortage of social housing promotion specifically. The Federal Government offers financial support 518 million euros for it. Continue to the report highlights the importance of the support of the new apartment building by the KfW programmes of the Federal Government. According to federal construction Minister planned, significantly increasing the rate of condominiums for the future. Also, the housing stock should be more adapted to the needs of older people and improve the energy efficiency of each apartment.