Germany's Housing Crisis: Can "Bau-Turbo" Help?
Germany approved amendments to construction law, aiming to increase the supply of flats and houses in cities.
The new law, known as "Bau-Turbo", is designed to speed up residential construction by permitting a more flexible approach to delivering new housing.
Designed to encourage "densification", the law allows for a creative approach to repurposing existing buildings.
The change was introduced in the coalition agreement between the CDU/CSU and the SPD months ago.
Author's summary: Germany introduces Bau-Turbo law.