Building permits in Hesse in free fall: Immediate political measures required

Building permits in Hesse in free fall: Immediate political measures required

The number of building permits in Hesse continues to decline in February 2024, which alarms the Association of the Southwest German Housing Industry (VdW southwest). Dr. Axel Thousandpfund, board member of the association, emphasizes the urgency of political measures in view of the dramatic situation on the housing market. With an acute shortage of around 80,000 social housing units and an increasing housing shortage in the coming years, Thousand Pounds is calling for immediate action.

To meet the growing need, Thousand Pound advocates an interest rate reduction program that could accelerate the creation of new affordable housing. In addition, he calls for the simplification of planning and approval procedures as well as a reduction in bureaucratic hurdles in order to speed up the construction process.

The long-term impact of these measures will only be felt in a few years, so Thousand Pound underlines the urgency of prompt implementation. He sees the ability to act politically as a decisive factor in stabilizing the housing market and securing affordable housing in the long term. This appeal highlights the need for a rapid response to alleviate the impending housing shortage and to make construction processes more efficient.