The latest resolutions from the coalition committee have been widely welcomed by the BFW Federal Association of Independent Real Estate and Housing Companies. Special praise has been given to the measures preventing the expropriation of private housing companies and the abolition of specific reporting obligations for medium-sized enterprises. This reorientation is interpreted as a decisive and long-awaited signal for the German real estate market.
Dirk Salewski, President of the BFW, commented on the developments in Berlin. He noted that the federal government had overcome its previous 'delivery difficulties', which was a good sign. The guiding principle 'Build instead of Expropriate' indicates a return to reason. Salewski emphasised that the preceding discussions had already caused damage, and highlighted that the current clear commitment contributes to investment security and promotes housing construction.
Growth Impulses and Strengthening Trust
The decisions now taken by the federal government are regarded by medium-sized businesses as long-awaited. Salewski underscored that the measures for more competition, a reduction in bureaucracy and the clear rejection of expropriations provide strong impulses for growth. These steps are intended to significantly strengthen market confidence and Germany's attractiveness as a business location.
With regard to the planned federal housing company, Salewski expressed the expectation that, by working closely with medium-sized private companies, it could play a crucial role in meeting housing demand more quickly. Such collaboration could effectively support the relief of the housing market. The reduction of administrative hurdles through a fictitious approval as a general rule, as well as relief from documentation and reporting obligations, offer concrete advantages for medium-sized players.
Bureaucracy Reduction as a Priority
The reduction of bureaucratic effort is considered a central pillar of the new resolutions. By simplifying approval procedures and eliminating unnecessary reporting obligations, the scope for action by private residential construction companies is to be significantly expanded. This serves to accelerate construction projects and increase efficiency, which should ultimately contribute to easing the housing market situation. The measures aim to revitalise housing construction as an essential economic factor and to adequately address the acute housing demand in Germany.
