Gröner Group: Why Christoph Gröner does not build new apartments in Berlin
Gröner Group: Why Christoph Gröner does not build new apartments in Berlin
Christoph Gröner, one of the largest builders in Germany who has his business in Berlin, has not built anything in the capital for two years. Gröner's company has made considerable donations to the Berlin CDU in the past. At a future forum in Berlin, Gröner declared himself a convinced social democrat. Despite this political orientation, his company has declared ecological building on corporate strategy. The German housing industry notes that the construction costs have gone completely out of hand, which makes it difficult to realize affordable apartments.
Gröner explains that the rising property prices in German cities are the real problem. In cities such as Munich and Hamburg, the construction costs are between 3000 and 4,000 euros per square meter, but the property prices are much higher. In Berlin, the development has changed dramatically in the past 15 years, and the high property prices make housing construction priceless. Gröner emphasizes that the increasing scarcity of land has been left to the speculator and demands a healthy mix in the real estate market.
With regard to the lack of housing in Berlin, Gröner has greatly reduced his construction projects in the past two years. This is due to the exploding property prices that make building in Berlin unprofitable. Gröner points out that the purchasing power of the Berliners is no longer sufficient to operate the rental prices that would be necessary to cover the property costs and achieve profits. This has caused his company to focus more on other cities such as Cologne, Leipzig and Karlsruhe, where purchasing power is higher.
politics plays a crucial role in dealing with the lack of housing. Gröner is disappointed with the lack of willing politics to promote housing construction. He emphasizes the need to put ideological discussions aside and develop a master plan in order to quickly create more living space. Gröner suggests innovative solutions, such as covering motorways, to create additional living space. He warns that the persistent lack of housing could lead to people from despairing extremist political decisions.