The construction boom provides for economy in construction. According to its own figures, more than 830 000 people worked in this year in the industry. The industry is criticised, however, is that not enough homes are being built.
The construction industry has drawn a positive balance of this year and is looking forward to 2019. So the good development of employment figures: average for The year 2018 for about 832.000 people worked in the industry, that’s 20,000 people, or 2.5 percent more than last year.
The President of the main Association of the German construction industry (HDB), Peter Hübner, and of the Central Association of the German construction industry (ZDB), Reinhard Quast, expected in 2019, with a further increase in Employment by about two percent.
Many, but not enough flats
they criticised, however, that it is not a given in the fight against rising Rents and housing prices enough for new construction. “We should create in the current year, about 300,000 homes,” said Quast. In the next year the number will rise to 315,000 to 320,000. According to the construction of multi-storey buildings, is flourishing. The new owner-occupied homes is stagnating.
the CDU, CSU and SPD agreed in the coalition agreement, to create in this legislature, about 1.5 million new homes. On an annual basis, this would correspond to an average of 375,000 homes.
the number of new buildings, from the point of view of the construction industry for more tax relief and more affordable building land is needed.
Good development in the commercial construction
in spite of the economic slowdown, the commercial construction is expected to grow – from factories to office buildings – to a high level. Here the associations are expecting a Plus of six percent for 2018 and seven percent are expected.
“While the growth have been revised expectations for the German economy down,” it said. Would be affected the construction industry but if the industry would drive companies due to a deterioration in sales expectations abroad, their investments back home. Nothing was seen in the current investment surveys.
living summit: More land, cheaper housing, 21.09.2018 More housing money for low-income earners, 21.09.2018 Atlas |Germany |Berlin
