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Habeck's heating plans: Expert raises the alarm - "destroys old-age provision", "expropriation"

2023-03-17T12:13:49.152Z


Economics Minister Robert Habeck plans to phase out gas and oil heating. But the plans threaten the pensions of many people, experts warn.


Economics Minister Robert Habeck plans to phase out gas and oil heating.

But the plans threaten the pensions of many people, experts warn.

Berlin – Every second household in Germany is currently heated with natural gas.

From 2024, however, no new natural gas and oil heating systems are to be installed - at least according to the plans of Economics Minister Robert Habeck (Greens).

Heating systems that are operated with at least 65 percent renewable energy would then serve as a replacement.

From 2045, heating systems should run entirely on renewable energies, such as wind and sun.

This is intended to promote the move away from fossil raw materials.

Habeck's heating ban: "Many houses are de facto worthless"

The project has provoked loud protests from homeowners.

Because a new heater costs a lot of money.

Experts also strongly criticize the drafts of the ministry.

"The Habeck Plan is destroying the old-age provision of many people," warns Kai Warnecke, President of the Haus & Grund association,

to

Bild.de.

Most homeowners have invested their entire fortune in the property for years and now have no money to implement Habeck's plans, he warns the newspaper.

"In the worst case, many people would be forced to sell their house."

But even selling a house would not be a good solution, according to the head of the association: “If a house is now worth 100,000 euros, but at the same time you have to invest 100,000 euros for renovations, many houses become de facto worthless.

The Habeck Plan looks like expropriation.”

Ban on oil and gas heating: This is becoming a problem, especially in rural areas

Financial expert Bernd Raffelhüschen, on the other hand, gives the all-clear.

He continues to advise

Bild.de

to invest in real estate – especially in cities and metropolitan areas.

"For those who can afford it, it is still the best form of old-age provision - even if it is thwarted by the Habeck plans." Real estate prices in cities have risen constantly in recent years.

"Anyone who has to invest in a new heating system here now also has the increased value of the property," explains the professor of finance to the newspaper.

In rural areas, however, the heating ban would have more drastic effects.

"Here, the value of a property is often limited to the utility value of being able to live for free."

(ph / AFP)

List of rubrics: © Chris Emil Janssen / IMAGO

Source: merkur

All news articles on 2023-03-17

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