Germany Residential Construction Crisis
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housing shortagesDPA International
•Business
Business & Economics
Despite housing crunch, German construction sector stuck in doldrums
83% Informative
Survey: 57% of housing construction companies complain about a lack of work and difficult conditions.
The downturn in the residential construction sector began in early 2022 and bottomed out about a year ago .
Ironically, demand for new flats remains extremely high in Germany , where many cities are facing housing shortages and sharply rising rents.
VR Score
90
Informative language
92
Neutral language
61
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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