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Baugewerbe in stürmischen Zeiten

Author

Listed:
  • Dullien Sebastian

    (Institut für Makroökonomie und Konjunkturforschung (IMK), Düsseldorf, .)

  • Martin Carolin

    (Institut für Makroökonomie und Konjunkturforschung (IMK), Düsseldorf, .)

  • Theurl Theresia

    (Westfälische Wilhelms-Universität Münster, .)

  • Michelsen Claus

    (Verband Forschender Arzneimittelhersteller e. V., Berlin, .)

  • Just Tobias

    (Universität Regensburg, .)

Abstract

The coalition agreement of the current German government coalition envisages 400,000 newly built dwellings per year. For the time being, this target will be missed by a wide margin, despite the (re)establishment of the Ministry of Construction. In the meantime, the tide in the construction sector seems to be turning: The previously observed overcapacity is no longer the most pressing problem, but rather the turnaround in interest rates and rising costs are causing a noticeable slowdown. Basically, the question remains unanswered as to whether the efforts made so far to provide housing at affordable prices for all are sufficient or whether further measures are necessary.

Suggested Citation

  • Dullien Sebastian & Martin Carolin & Theurl Theresia & Michelsen Claus & Just Tobias, 2023. "Baugewerbe in stürmischen Zeiten," Wirtschaftsdienst, Sciendo, vol. 103(1), pages 8-8, January.
    • Handle: RePEc:vrs:wirtsc:v:103:y:2023:i:1:p:8-8:n:6
    DOI: 10.2478/wd-2023-0006
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    More about this item

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects

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