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Housing shortage in Hesse is getting worse
High level of journalism. A frightening look at the housing shortage in Frankfurt and Hesse. Experts predict continued tensions in the housing market. Read more at IPPEN.MEDIA.
Housing shortage in Hesse is getting worse
Frankfurt and other cities in Hesse are faced with a massive housing shortage. According to the social research institute Empirica, only two out of 1,000 apartments in the Main metropolis were empty at the end of 2022, which corresponds to a vacancy rate of just 0.2 percent. This extreme shortage of living space is also evident in surrounding districts such as Darmstadt and Gießen, where only a few apartments are available. In comparison, the situation in northern Hesse is somewhat more relaxed, with adequate offerings in many districts.
The forecasts from experts indicate that the situation will not improve in the coming years and may even worsen. Large cities such as Frankfurt and Darmstadt are particularly hard hit by the housing crisis. The current figures show that a total of around 1.8 million apartments are empty in Germany, of which only around 554,000 can be rented out immediately or in the medium term.
The federal government is reacting to the stagnating new construction, which is far below the required annual construction requirement of 400,000 new apartments. In 2024, only 16,800 new buildings and conversions were approved, which corresponds to a significant decrease compared to the previous year. These measures to support structurally weak regions aim to alleviate the housing shortage. However, this does not represent an immediate solution for residents who want to stay in the metropolises. It remains to be hoped that future initiatives and construction projects will help combat the acute housing shortage and offer people in Hesse and beyond adequate housing.