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Zur aktuellen Krisenstimmung im Wohnungsbau

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  • Leiss Felix
  • Wohlrabe Klaus

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.

Suggested Citation

  • Leiss Felix & Wohlrabe Klaus, 2024. "Zur aktuellen Krisenstimmung im Wohnungsbau," Wirtschaftsdienst, Sciendo, vol. 104(7), pages 503-506.
    • Handle: RePEc:vrs:wirtsc:v:104:y:2024:i:7:p:503-506:n:1017
    DOI: 10.2478/wd-2024-0128
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    References listed on IDEAS

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    1. Felix Leiss & Thomas Licht & Klaus Wohlrabe, 2023. "Zur aktuellen Lage im Wohnungsbau," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 76(11), pages 01-06, October.
    2. Stefan Sauer & Klaus Wohlrabe, 2020. "ifo Handbuch der Konjunkturumfragen," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 88.
    3. Simon Litsche & Stefan Sauer & Klaus Wohlrabe, 2020. "Konjunkturumfragen im Fokus: Coronakrise trifft deutsche Wirtschaft mit voller Wucht," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(05), pages 57-61, May.
    4. Felix Leiss & Klaus Wohlrabe, 2021. "Aktuelle Entwicklungen bei Materialengpässen und Lieferproblemen in der deutschen Wirtschaft," ifo Schnelldienst Digital, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2(19), pages 03-07, December.
    5. Stefan Sauer & Klaus Wohlrabe, 2020. "Konjunkturumfragen im Fokus: Deutsche Wirtschaft in Corona-Schockstarre," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(04), pages 44-47, April.
    6. Stefan Sauer & Klaus Wohlrabe, 2020. "Konjunkturumfragen im Fokus: Licht am Ende des Tunnels für die deutsche Wirtschaft," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(07), pages 68-70, July.
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    More about this item

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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