Rarely has real estate been the focus of so much attention as it is today. The tight real estate market and also the requirements of the climate crisis have contributed to this. Politicians have already reacted by setting up their own Ministry of Construction. The Ministry of Economy and Climate also has a say when it comes to the construction and renovation of buildings.
A roof over one's head is a basic need like food and drink. How this basic need is met also affects many other areas as well as economic and financial, climate policy and social aspects. New laws and government subsidies are intended to smooth out distortions and ensure greater equity. In the current and next year, many changes will affect property owners and tenants.
The German government wants to modernise the Building Energy Act (GEG). The design of the GEG and the definition of building standards have an immense impact on the industry. It is planned to increase the GEG standard to EH 55, which will also tighten the requirements for the building envelope. However, this is not enough and is one-sided, criticises the Central Real Estate Association (ZIA). Additional requirements for the building envelope are not only economically pointless, the production and disposal of additional insulation material is prohibited by the concept of the life cycle. The focus should rather be on efficiency in systems engineering, the use of renewable energies in the building and efficient building operation.
With the amendment of the Renewable Energy Sources Act, the federal government wants to quickly and extensively promote the generation of electricity from solar and wind energy. However, the concerns of condominiums have not been sufficiently considered so far, criticises the VDIV Germany and calls for improvements. The association views the introduction of the full feed-in model with attractive compensation rates, which is envisaged in the EEG amendment, as positive. "The majority of the approximately two million owner associations have so far failed due to the hurdles of the Tenants' Electricity Act. For them, full feed-in is a climate-friendly and cost-effective alternative.
(Photo: © Seriy Leto, Pixabay)
