Growth Resources Act motivates investors for the new building project in difficult times - ZIA
Growth Resources Act motivates investors for the new building project in difficult times - ZIA
As a citizen of Berlin, I am happy about the current developments in the context of the Growth Chances Act. The Federal Council's decision to call the Mediation Committee signals good prospects for investors in the area of new construction projects. This could have a positive effect on the living situation in Berlin, where the need for affordable living space increases.
The degressive depreciation for wear (AFA) is a clear invitation to investors to invest in the expansion of new living space. This is an important development for a growing city like Berlin. The creation of living space is of crucial importance in order to cover the increasing demand for affordable living space in the capital. The implementation of these measures could support many apartment seekers in Berlin and create realistic residential offers instead of hoping for air locks.
In addition, the possibility of combining the degressive afa with the existing special AFA for the new rental apartment is a promising perspective. This creates incentives for investors to invest in the urgently needed social housing. In Berlin, where rents are continuously increasing, this is a particularly important development.
Historically, Berlin has an eventful story that is also reflected in the real estate industry. After the Second World War, the city was in ruins, but over the years Berlin has once again achieved a significant attractiveness as an economic and cultural center. This has led to strong population growth and an increasing need for living space, which has reinforced the challenges in the real estate sector.The role of the Central Immobilien Kreischt e.V. (ZIA) in the interests of the real estate industry is of great importance. Through the membership of 33 associations, the ZIA speaks for around 37,000 companies in the industry and gives the entire real estate industry a strong voice at national and European level. The positive development of the growth of the growth of the growth will therefore also be of interest to the Berlin real estate industry.
Source: zia central real estate committee / OTS