Germany, lagging in its building goals to alleviate a housing shortage, needs to construct 320,000 new apartments each year ...
BERLIN (Reuters) - Germany, lagging in its building goals to alleviate a housing shortage, needs to construct 320,000 new apartments each year by 2030, a study on Thursday showed.
Authorities granted permits for the building of just under 216,000 apartments in 2024, as Europe's largest economy navigates its worst real-estate crisis in decades, keeping a lid on new construction.