Residential properties are a focus in the campaign programs of all German parties at the cost of commercial properties. This is a mistake, because towns and cities also have to provide space for work and suppliers. A blog post by Dr. Andreas Mattner, President of the German Property Federation (ZIA).
The election campaign is in full swing. But there are still topics which are not discussed by the broad public yet. Many topics which concern the property industry in particular are hidden in the campaign programs or even in the minds of the campaigners. Even if the property industry is a campaign focus this year, the attitude of some parties to certain aspects of property policies is still in the dark. But these issues are of essential significance to the economic and social development of our country and, thus, also to the decision on election day. Therefore, the IW Köln (Cologne Institute for Economic Research) conducted a study of the campaign programs of the big parties for the ZIA.
Parties Focusing on Residential Properties
Unfortunately it is found that all campaign programs focus on residential properties at the expense of commercial properties. This is described as a serious mistake with respect to urban development in general. Our towns and cities should not just offer space for housing, but also for work and suppliers. Therefore, it is important for the legislative to bear all types of the use of properties in mind. Unfortunately, however, many ideas of the parties focus on the residential segment exclusively. Thus, one out of three Germans in work are also office users, everyone who lives in any type of community uses retail areas or city logistics for their supplies. The economic strength of our towns and cities is based on the complete property industry. Value is created in areas for work and suppliers.
The Principle of Economic Efficiency and Openness to Technology for Climate Protection
In the field of climate policy stepped-up requirements to building make only a small contribution to energy efficiency, but put a strain on the urgently needed investments in existing buildings and building activities. A comparison of the political positions of the parties shows that only the FDP (liberal party) agrees that the current building regulations are sufficient for climate protection and further tightening does not make sense. The CDU/CSU (conservative party) finds that state intervention is not expedient and claims that they want to rely on market-economy incentives. Apart from that almost all parties favor supporting the energetic refurbishment of buildings, although Die Linke (left-wing party) associates this with renewable technical building equipment.
Germany cannot afford to make the EnEV (energy effieciency regulations) even more stringent. And this does not only concern residential buildings, but, of course, also commercial properties. The last time regulations were tightened building costs increased considerably already. In view of the still rather strained property markets in big cities and conurbations this would be fatal. Politics must react to this situation. The property industry can only make its contribution to the ambitious climate targets of Paris by looking at economic efficiency and being open to new technologies.
Campaign Demands Listed in the Immomat
The ZIA and Immobilien Zeitung have analyzed the campaign demands of the parties in an overview for the Immomat. Users can answer 32 questions there and then see which parties are closest to their ideas.