Seehofer: “We have more vacant apartments than we need”
Germany’s Federal Minister for Construction Horst Seehofer wants to tackle the housing shortage with a “courageous infrastructure policy for weaker regions”. In an interview with the “Frankfurter Allgemeine Zeitung” (FAZ) he said: “There are more vacant apartments in Germany than new ones we want to build”. They just are not located where people are living. “We are infatuated with the big cities”, the CSU member criticizes. He therefore wants to insure that more public service jobs are created outside of the metropolitan areas. Large companies too are to be given incentives to locate their employees away from the large cities. Seehofer refers to an expert commission on equivalent living conditions, which is to present initial findings in early July.
Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.