The housing crisis in Germany, particularly acute in major cities like Berlin and Munich, is leading to a surge in rents and property prices. The government coalition has introduced the 'Bau-Turbo', a proposal aimed at simplifying construction regulations to accelerate housing development. This initiative, championed by SPD's Verena Hubertz, aims to reduce planning times from an average of five years to just two months. Additionally, measures will be taken to safeguard the rights of renters by preventing the conversion of rented flats into owned properties in high-demand areas.
An average of five years becomes two months planning time," she said. "This creates living space where it is needed - because every home counts.
We are extending the protection against conversion and thus strengthening the rights of tenants,
The demand for housing continues to outpace supply, the crisis is getting worse.
The new law could result in cutting planning times for construction projects in Germany by years.
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