Zur aktuellen Krisenstimmung im Wohnungsbau

Leiss Felix and Klaus Wohlrabe

Wirtschaftsdienst, 2024, vol. 104, issue 7, 503-506

Abstract: This article examines the recent downturn in Germany’s housing construction sector, marked by a significant drop in business climate indicators. Key factors include material shortages, order cancellations, financing constraints, and a lack of new orders, which have worsened since the COVID-19 pandemic and the Ukraine war. A central driver for this development was the sharp and rapid increase of the ECB’s key interest rate and the subsequently deteriorating financial conditions for house building. A comparison with other European countries is also provided. The outlook remains bleak, with continued pessimism expected in the housing construction sector.

JEL-codes: R30 R31 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:7:p:503-506:n:1017

DOI: 10.2478/wd-2024-0128

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