HIGHLIGHTS
- who: H.Fiedler from the Institut have published the paper: Hiller 9 2022.indd, in the Journal: (JOURNAL)
SUMMARY
New housing construction in Germany is under heavy pressure. To strongly rising material, labour and energy prices, the costs of financing construction have increased sharply since the start of the year. Due to high inflation in the Eurozone, capital and mortgage rates have increased significantly. In 2021 already, new housing completions went down by four percent year-to-year. This Article takes an empirical look at how German housing construction has reacted to past . . .
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