{"title":"Zur aktuellen Krisenstimmung im Wohnungsbau","authors":"Felix Leiss, K. Wohlrabe","doi":"10.2478/wd-2024-0128","DOIUrl":null,"url":null,"abstract":"\n 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.","PeriodicalId":35890,"journal":{"name":"Wirtschaftsdienst","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Wirtschaftsdienst","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/wd-2024-0128","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
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.
WirtschaftsdienstBusiness, Management and Accounting-Business, Management and Accounting (miscellaneous)
CiteScore
0.60
自引率
0.00%
发文量
228
审稿时长
8 weeks
期刊介绍：
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