A New Era for Affordable Housing: Verena Hubertz's Vision
Hubertz advocates for significant cuts in rental and homeownership expenses
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Get ready for some serious savings in the world of residential construction, thanks to the new Federal Minister of Housing, Verena Hubertz. She's plotting a mighty comeback to make housing affordable once again. Her secret sauce? Pre-fabricated walls and a deep dive into the realm of perpetual usufruct[1].
That's right! Minister Hubertz has her sights set on slashing construction costs by half. During a chat with "Bild am Sonntag," she shared her ambitious target and expounded on her plans[2]. Yep, you read that right—potential savings of thousands of euros per square meter[3]!
Getting Down to Business Wikipedia
minister wants to achieve these savings, in part, through an uptick in serial prefabricated products. Imagine factory-built building walls saving you big bucks. Hubertz reckons that with this method, you could trim 30–40% off construction costs[2]. That means, instead of shelling out around 5,000 euros per square meter, you'd be looking at spending just 2,500 to 3,000 euros per square meter!
Hubertz isn't one to rest on her laurels, though. She sees potential for even more savings by analyzing the entire lifecycle of a building and its cost drivers[2].
Putting a Stop to the Land Rush Forbes
Hubertz also has her eye on land costs, a major driver of overall construction expenses[2]. She's working on the concept of perpetual usufruct, or long-term ground leases, as an alternative to outright purchases[1]. This approach could lower land acquisition costs, enabling developers to build on leased land instead.
When asked about a yearly goal of building 400,000 new apartments, Hubertz took a pragmatic stance[2]. "We didn't write it into the coalition agreement," she said. "The world around us is changing radically, and you can’t carve a goal in stone for four years."
Hubertz isn't satisfied with last year's output of around 250,000 apartments, calling it a disaster[2]. But she's optimistic about the upward trend in building permits[2].
It's a new day for affordable housing, thanks to Minister Hubertz's innovative strategies and forward-thinking approach[1][2].
Keywords:* Verena Hubertz* Housing* Residential Construction* Construction Costs* Prefabricated Components* Perpetual Usufruct* Land Costs* Building Permits
Sources:[1] ntv.de[2] rog/dpa
Community policy should be established to support minister Verena Hubertz's vision for affordable housing, while technology, specifically serial prefabrication, could play a significant role in achieving her target of reducing construction costs by half. Advancements in technology could potentially reduce the cost of building materials and increase efficiency, contributing to the development of affordable housing strategies.