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Housing Shortage: Construction Crisis, but Not for Hotels

Summary by hinzundkunzt.de
Housing construction is stalling – but hotels continue to spring up in droves. Why is that? Hardly any Hamburg district exudes as little charm as Hammerbrook. Where more than 60,000 people lived before the Second World War, wide streets now cut through urban canyons where people work almost exclusively in offices. It was a great surprise when Airbnb suddenly named "Hammerbrook" one of the ten trendiest neighborhoods in the world ten years ago. T…
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Housing construction is stalling – but hotels continue to spring up in droves. Why is that? Hardly any Hamburg district exudes as little charm as Hammerbrook. Where more than 60,000 people lived before the Second World War, wide streets now cut through urban canyons where people work almost exclusively in offices. It was a great surprise when Airbnb suddenly named "Hammerbrook" one of the ten trendiest neighborhoods in the world ten years ago. T…

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hinzundkunzt.de broke the news in on Monday, June 30, 2025.
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