Suche
Mein Konto
Frankfurt financial expert analyzes the effects of the occupation of the Jordanstrasse building on urban real estate
According to a report from www.fr.de, Elke Voitl, head of the social affairs department, suggests that young, unaccompanied minor refugees could move into the squat on Jordanstrasse in Frankfurt. An initiative has converted this municipal building, which has been occupied for about a week and a half, into a district meeting place. The city of Frankfurt is faced with the need to care for around 300 underage refugees who arrived without parents. Voitl emphasizes that these young people need around-the-clock care and that the current temporary accommodation or hotels are not ideal for minors. The idea of using the occupied house to accommodate and care for these...
Frankfurt financial expert analyzes the effects of the occupation of the Jordanstrasse building on urban real estate
According to a report from www.fr.de, Elke Voitl, head of the social affairs department, suggests that young, unaccompanied minor refugees could move into the squat on Jordanstrasse in Frankfurt. An initiative has converted this municipal building, which has been occupied for about a week and a half, into a district meeting place. The city of Frankfurt is faced with the need to care for around 300 underage refugees who arrived without parents. Voitl emphasizes that these young people need around-the-clock care and that the current temporary accommodation or hotels are not ideal for minors.
The idea of using the squat to accommodate and care for these young refugees could have a significant impact on the real estate market in Frankfurt. If it were decided to use the squat for underage refugees, this could have an impact on sales and rental prices in the area. The neighborhood could also be subject to social changes due to the accommodation of refugees. In addition, real estate developers and investors could see new opportunities to invest in the accommodation and care of refugees.
The political debate over how to deal with the occupation and calls for a possible police eviction could create additional uncertainty in the real estate market. Investors and potential buyers may hesitate to invest or purchase property in the affected area due to the uncertainty.
Overall, the potential use of the squat for underage refugees could have a significant impact on the real estate market in Frankfurt. It remains to be seen how the political debate and city government decisions will impact the local real estate market.
Read the source article at www.fr.de