German Construction Industry Calls for Easing of Building Regulations
Amid a housing shortage, industry leaders and the government debate solutions to simplify and reduce the cost of residential construction.
- Germany faces a significant housing shortage, yet building permits have reached a low point despite stabilized interest rates and inflation.
- Industry leaders, including Vonovia's CEO Rolf Buch, criticize excessive regulations, citing requirements for amenities like playgrounds and parking as barriers.
- Federal Building Minister Klara Geywitz advocates for industrial prefabrication to enhance productivity and reduce costs in construction.
- The proposed 'Building Type E' could allow developers to deviate from current standards, aiming to lower construction costs.
- The German Bundestag is set to discuss reforms to simplify building codes, including faster approval processes and shorter environmental reports.