Hello everyone,
A quick question for you: What do you think about the new standards for new construction and what they might mean for all of us? It seems that the requirements for new buildings are increasing significantly. Policymakers are placing more emphasis on energy efficiency and sustainability, which of course also has an impact on construction costs. This could have considerable consequences for many of us who are thinking about building a new house or purchasing a property. On one hand, it’s good that we are building in a more environmentally friendly and sustainable way, but on the other hand, this might also push property prices even higher. What are your thoughts on this? How do you think these new standards will affect the real estate market, and should we as future homeowners or buyers pay attention to anything in particular?
Looking forward to your opinions! 😉
A quick question for you: What do you think about the new standards for new construction and what they might mean for all of us? It seems that the requirements for new buildings are increasing significantly. Policymakers are placing more emphasis on energy efficiency and sustainability, which of course also has an impact on construction costs. This could have considerable consequences for many of us who are thinking about building a new house or purchasing a property. On one hand, it’s good that we are building in a more environmentally friendly and sustainable way, but on the other hand, this might also push property prices even higher. What are your thoughts on this? How do you think these new standards will affect the real estate market, and should we as future homeowners or buyers pay attention to anything in particular?
Looking forward to your opinions! 😉
M
motorradsilke27 Jul 2024 14:17MachsSelbst schrieb:
You’d have to address that somehow, whatever the approach. It’s open for discussion.
Actually quite simple. Housing associations should be required to approve exchanges of different-sized apartments without increasing the rent.
No loss for them, minimal effort, and great benefits for everyone.
M
MachsSelbst27 Jul 2024 14:21chand1986 schrieb:
(...)
See my opinion about the garden. In an apartment, I would always prefer small rooms over a “huge“ rooftop terrace because of the outdoor space.Yes. Because you can afford it. In my hometown, new construction costs now run between 17-20 EUR/m² (about 1.58-1.86 USD/ft²), and 12-15 EUR/m² (about 1.12-1.40 USD/ft²) for older buildings in good locations. So just the 20m² (215ft²) balcony alone quickly costs 200 EUR (about 220 USD) per month in basic rent.
That’s no longer affordable for the average person, so everyone fights over the older buildings, which causes the shortage.
There have long been rumors that many of these apartments are not permanently occupied, but are bought as investment properties or used for Airbnb, or simply by people who only stay in Hannover 5 or 6 weeks a year and don’t want to stay in a hotel during that time.
This won’t apply to the majority of apartments, but to some.
M
MachsSelbst27 Jul 2024 14:24motorradsilke schrieb:
It’s actually quite simple. Housing associations are required to agree to exchanges of differently sized apartments without increasing the rent.
For them, no loss, little effort, and a big benefit for everyone.Haven’t I read that the majority of rental apartments are owned by private landlords or small family estates or partnerships, rather than large companies? How is it handled in those cases? And then you also have to convince the elderly. For someone who has lived in the same apartment for 50 years, even moving three streets away feels like a lifetime journey.
That’s why, in theory it’s simple, but in practice it’s incredibly complicated.
M
MachsSelbst27 Jul 2024 14:58My conclusion:
Build smaller, skip the fancy extras, lower your expectations... or do it yourself...
When I think about it, none of the places I’ve visited have real hardwood floors. I only installed click-lock parquet myself in the living room, and that was already ridiculously expensive. Everywhere else has laminate flooring... which is actually the best choice with small children anyway, since the parquet has taken quite a beating, which is a shame.
Some people here seem to live in a strange world where all these things are considered absolute minimum standards, whereas I always see them as unnecessary extras.
Build smaller, skip the fancy extras, lower your expectations... or do it yourself...
When I think about it, none of the places I’ve visited have real hardwood floors. I only installed click-lock parquet myself in the living room, and that was already ridiculously expensive. Everywhere else has laminate flooring... which is actually the best choice with small children anyway, since the parquet has taken quite a beating, which is a shame.
Some people here seem to live in a strange world where all these things are considered absolute minimum standards, whereas I always see them as unnecessary extras.
N
nordanney27 Jul 2024 15:11MachsSelbst schrieb:
No one I've visited here has hardwood flooring. I've only installed click-lock hardwood myself in the living room, which was already ridiculously expensive. Everywhere else there's laminate... Affordable hardwood flooring is not more expensive than vinyl or high-end laminate. Laminate is basically just plastic – I wouldn't actually want that in my house (both visually and to the touch).
M
motorradsilke27 Jul 2024 20:36MachsSelbst schrieb:
I think I once read that the majority of rental apartments are provided by private landlords or small inheritance communities or partnerships, rather than large companies?
How do you handle it in that case?
And then you also have to convince the elderly people. Even moving just three streets away feels like a whole journey for someone who has lived their entire life for 50 years in the same apartment.
So, in theory it’s simple, but in practice it’s incredibly complicated. I don’t know the exact share of companies versus small landlords. But you could start with the companies.
And surely some of the older people would move out. Not at 80, but maybe at 60 or 70. At that point, the kids have moved out and the apartment is too large.
You could just start with that and see what happens. And if “only” a few hundred thousand large apartments become available this way, it would already be a great help.
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