May 8, 2017

Comeback of municipalities - social housing in towns and municipalities on the rise again

For an ever-growing part of society, reaching far into the middle class, the rental housing market is becoming increasingly difficult. In large cities and metropolitan areas in particular, finding adequate and affordable apartments to rent has become an ever-tougher challenge in the past years. The privatization of formerly city-owned housing and austerity measures in the public sector have led to a sharp decline in the number of social housing over the last decade. A study conducted by the BÜRO DR. VOGEL GMBH on behalf of the city of Dreieich near Frankfurt am Main shows exemplary how cities and municipalities can deal with this situation: building themselves with the help of a city-owned housing association.

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