Conversion of public sector and commercial properties.
Furthermore, in recent years, many thousands of homes have been created from the conversion of
public sector and commercial properties. New urban districts have also been
created, for example, the Europaviertel, which will accommodate up to 10,000
people.
Although all of these efforts are keeping the housing shortage in check,
they will not remedy it. Several reasons explain the low price elasticity of
Frankfurt’s housing supply, the main one being a shortage of land for
development.
In many districts, the City of Frankfurt is building right up to its
municipal boundaries.
EU Forecast
euf:ba18.c:101/nws-01