Klingbeil Stuffs Budget Gaps with Real Estate Funds
4 Articles
4 Articles
The SPD is currently talking a lot about affordable housing. However, according to a report, finance minister Klingbeil is pursuing plans that the Federal Institute for Real Estate Tasks (Bundesanstalt für Immobilienaufgaben) will transfer significantly more money to the federal budget in 2027 - and thus can build less.
The government promises to fight housing shortages, but its own real estate institution has to bleed, so it cannot renovate enough housing or build new ones.
In 2027, the state-owned real estate company is expected to pay around 1.5 billion euros to the federal budget. The opposition warns against consequences for social housing and necessary renovations.
Despite acute housing shortages, Finance Minister Lars Klingbeil (SPD) is filling budget gaps with billions from the federal real estate agency. This is reported by the "Spiegel" on the basis of budget documents. According to this report, the Federal Institute for Real Estate Tasks (BIMA) is expected to transfer 1.5 billion euros to the federal budget next year. This is once again 150 million euros more than this year. The financial plans show t…
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