Construction crisis: Alarming figures – “Almost no one can build like this anymore’. As of: February 29, 2024, 4:41 p.m By: Lisa Mayerhofer CommentsPressSplit The number of building permits has fallen to its lowest level since 2012.
The authorities in Germany gave the green light to build just 260,100 apartments, the Federal Statistical Office announced on Thursday. This is a decrease of 26.6 percent or 94,000 apartments compared to 2022. Expensive materials and expensive financing deter many potential home builders and investors.