Volker Wieland sees various reasons for price increases in the construction sector (FAZ)

The cost of building materials has risen sharply recently. In addition, there are supply bottlenecks. According to Prof. Volker Wieland, this is exacerbating a development that was already apparent before the Corona crisis. In an interview with the F.A.Z., he explains the reasons.

Low interest rates and demand for residential real estate would have continued to drive real estate prices. "In addition, many households have unexpectedly high savings. They could hardly travel and had less spending on consumer-related services. " Some of this money was put into home renovations or improvements.

FAZ: "Bauen wird teurer" (€)