Bavaria in a lack of living space: building permits drop dramatically!

Bavaria in a lack of living space: building permits drop dramatically!

A dramatic decline in building permits in Bavaria causes excitement! Despite an unbroken demand for living space, the permits for new apartments and houses decrease at an alarming pace. According to the Bavarian State Office for Statistics, the figures for this year fell a whopping 14.9 percent compared to the previous year. Dormitories are particularly affected, where the permits have decreased by terrifying 42.8 percent. Even single -family houses have not been spared, with a decline of 20.7 percent!

The reasons for this decline are clear: High construction interest rates and overambitious energetic requirements scare the willing and investors. Felix Pakleppa, managing director of the Central Association of German Construction Industry, makes it clear that the conditions for the construction must be made easier in order to boost the industry again. A current study by the Hamburg Gewos Institute also shows that the acquisition of building land also decreases, which further tightens the situation.

Uniform picture in all government districts

The declines are not limited to certain regions - all government districts in Bavaria show a uniform picture: a minus in the permits. In the Upper Palatinate, Lower Bavaria, Lower Franconia, Middle Franconia and Upper Franconia, the decline is around a quarter. Even in Upper Bavaria, one of the economically strongest districts, the permits have dropped by 7.8 percent. Swabia remains almost stable with a minimal decline of 0.5 percent, but here too the trend is worrying.

The situation is alarming and could have far -reaching consequences for housing in Bavaria. The question remains: How long can the demand for living space be maintained if the permits decrease so drastically?