​Germany: Building sector warns of spiralling costs

​Germany: Building sector warns of spiralling costs

Germany has a desperate shortage of affordable housing. The government's modernization of the construction law seems to be failing to get more homes built at "turbo" speed.

Business associations from the construction and real estate sectors, as well as academics, are warning the German government of a worsening crisis in the housing market, as building costs spiral out … [+6136 chars]