Editorial – Cracks in the foundations

By Christian Block Switch to German for original article

Thousands of people scour the property websites day in, day out, to no avail. Given the housing crisis, which runs deep into the heart of society, a successful launch of the government's announced public-private partnership would have played right into their hands. Instead, the initiative has so far fallen far short of expectations.

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At the press briefing following the Government Council meeting last Friday, Prime Minister Luc Frieden sought to address the public's number one concern in just a few sentences. He said he was convinced that implementing the government's 10-point plan could lead to the creation of far more homes than has been the case to date. In the June edition of the Politmonitor, 71 per cent of voters once again identified access to affordable housing as the top political priority. Whether the Prime Minister's words will change anything remains to be seen.

Everyone understands that a shortfall that has built up over decades cannot simply be wiped out overnight. That housing construction takes time – in general, but especially if it is to be planned in a reasonably sensible way.

Yes, the recently published statistics from public housing developers and the special fund for so-called affordable housing point in the right direction. Anything else would be an admission of failure.

More than 5,000 affordable dwellings are in the pipeline. Just under half a billion euros is set to continue flowing into conventions over the coming years to increase supply. Every year.

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