Skip to content

Hubertz advocates for substantial reductions in housing expense rates

Increased Hard Drive Capacity

Renters often encounter elevated costs when moving into newly constructed properties.
Renters often encounter elevated costs when moving into newly constructed properties.

Bustin' Down Construction Costs: Hubertz's Game Plan for Affordable Housing

Hubertz advocates for substantial reductions in housing expense rates

Verena Hubertz, the fiery new Federal Minister of Housing, is gunning to slash apartment construction costs like never before! With eyes set on chopping them in half, she's got her sights set on prefabricated walls and perpetual usufruct. Stand by for savings of thousands of euros per square meter!

In a sit-down with "Bild am Sonntag," stubborn-as-hell Hubertz shed light on her plan to revolutionize the housing market. The SPD powerhouse intends to achieve her ambitious objective through a push for mass-produced, prefabricated components.

"Listen up, construction industry! We're talking major savings here," Hubertz declared. With the ability to knock out building walls in a factory, she believes we could pocket a cool 30 to 40 percent of construction costs! Instead of forking over 5,000 euros per square meter, we're looking at spending between 2,500 and 3,000 euros. "I'm telling you, sister! There's more where that came from. If we factor in financing expenses, we'll have a killer picture," she added.

Eager to bend the curve on soaring land costs, the hard-hitting Minister also unveiled her master plan to tackle the issue of perpetual usufruct. "Land costs are a real pain in the neck," Hubertz admitted. "We're looking at alternatives to traditional land ownership, and perpetual usufruct is a good place to start. It's not just a quick fix; we need to examine the entire lifecycle of a building and its cost drivers."

When asked if the goal of 400,000 apartments per year still holds water, Hubertz wasn't having it: "Girl, please! We didn't seal that in the coalition agreement, and I don't think we should. We’ve got a rapidly-changing world. You can't lock yourself into a stony goal for four years like that!"

Hubertz also stressed that the dismal completion of around 250,000 apartments last year was a disaster. "We gotta move past that, baby! I'm proud as punch that building permits are on the rise again," she said.

So, brace yourself for a building revolution led by the relentless Verena Hubertz! With innovative construction methods, advanced financial models, and a no-holds-barred approach, she's ready to bell the cat and bring about affordable housing in Germany!

[5] Additionally, Hubertz's innovative approach to construction could potentially slash costs by employing production methods such as prefabrication, which allows for efficient, off-site manufacturing of building components, thereby streamlining the construction process and significantly reducing on-site labor costs. Furthermore, by investigating alternatives to traditional land ownership, such as perpetual usufruct, she aims to stabilize ground costs, spreading them over a longer period and making projects more financially viable. [Source: ntv.de, rog/dpa]

Community policy should be revised to support Verena Hubertz's ambitious plan for affordable housing, as her vision for revolutionizing the construction industry involves employing production methods like prefabrication and investigating alternatives to traditional land ownership, such as perpetual usufruct. This approach could potentially finance news for businesses in the housing sector, as it could lead to significant cost reductions and make projects more viable. In the realm of politics and general-news, Hubertz's innovative approach to housing could mark a turning point, with potential implications for employment policy and the economy at large.

Read also:

    Latest

    Major Wall Street player Morgan Stanley predicts that the S&P 500 won't fall back to its April lows...

    Strong U.S. financial institution, Morgan Stanley, foresees record-breaking highs for the S&P 500 due to a weakening U.S. dollar, improved earnings revisions, anticipated Federal Reserve rate reductions, and other supporting factors.

    Morgan Stanley, a significant player in investment banking, predicts that the S&P 500 will not dip down to its April lows again. Instead, they anticipate a surge to unprecedented peak levels within the next twelve months.