Housing construction in Munich is lame: only 7,510 new homes built - but politicians wanted significantly more

Created: 06/10/2022, 12:20 p.m

By: Sascha Karowski

There is construction going on in Munich - but not enough, says IG Bau.

© Frank Hoermann/SVEN SIMON Imago Images

Too little is being built in Munich: only 7,510 new apartments were built last year.

And not only less than 2020, but also less than local politics would have liked.

Munich – From your own home to an apartment building: 7,510 new apartments were built in Munich last year.

This is reported by the Bauen-Agrar-Umwelt industrial union (IG BAU), citing current figures from the Federal Statistical Office.

Residential construction in Munich: Around 2.8 billion euros flowed into new residences

According to this, investments of around 2.8 billion euros flowed into the new building.

“Additional apartments are an important contribution against rising rents.

The affordable segment is important.

And it is particularly important that more is done in social housing construction," says Harald Wulf, chairman of IG Bau Oberbayern.

From the point of view of the city of Munich, however, these figures should be assessed soberly.

On the one hand, 8,289 apartments were newly built in Munich in 2020, which is significantly more than last year.

And on the other hand, the Greens and SPD had increased the target figures: instead of aiming for 8,500 apartments as in 2020, it should be 10,000 apartments a year.

IG Bau boss sees politics as a duty: "The traffic light coalition is still a long way from the goals"

Wulf sees politics as a duty.

Residential construction can only show its power if the federal and state governments set the course.

“The federal government has promised 400,000 new apartments per year.

A quarter of these should be social housing.

The traffic light coalition is still a long way from this goal.” The Free State is also challenged, says Wulf.

According to statistics, only 293,400 new apartments were built nationwide last year – 4.2 percent fewer than in the previous year.

In addition, scarce building materials, rising energy prices, inflation and rising interest rates are currently making new construction difficult, according to the union.

In addition, there is a high demand for skilled workers and insufficient government funding.