German Chancellor Olaf Scholz is set to hold meetings with key figures in the property sector as he aims to revitalize the construction industry amidst a building slowdown. Scholz recognizes the potential risk of a snowballing crisis that could result in a social catastrophe if the slump in construction negatively impacts the rental market.
With the objective of jump-starting construction and averting a potential disaster, the Chancellor will engage in talks with influential players in the property industry. The aim of these discussions is to explore strategies and initiatives that can stimulate the construction sector, thereby preventing any adverse effects on the rental market. The partnership between the government and key stakeholders in the property sector will play a crucial role in ensuring that adequate measures are taken to address this issue and prevent any further escalation of the crisis.
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