Munich
Munich

Munich

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Population (AI)

1,550,000

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Last edited
Oct 1, 2024 2:37 PM
Category
Prio-25
Local programs

The city of Munich has set ambitious targets for affordable and sustainable housing. Key initiatives include: 1. **Affordable Housing Targets**: The city aims to build 8,500 residential units per year, with a focus on affordable rental housing for low- and medium-income households. Municipal housing companies, GEWOFAG and GWG, are constructing 1,250 housing units per year, with 23,000 subsidized units already in place. 2. **Sustainable Housing Programs**: Projects like Prinz-Eugen-Park emphasize ecological and social standards, featuring timber construction and a mix of housing types and funding programs. This model settlement includes 1,800 flats, with 80% rented and 20% owner-occupied, and incorporates community facilities and green spaces. 3. **Polycentric Development**: The city is exploring polycentric development to address housing shortages, focusing on mobility and cooperation with surrounding municipalities to create new sub-centers and affordable housing options. 4. **Funding Mechanisms**: The city uses its own funding programs, such as the "Wohnen in München VI" program, which allocates €870 million for affordable housing construction, and works with national programs to support sustainable and affordable housing initiatives.

Housing Market

**Summary of Munich's Housing Market:** Munich continues to be one of the most attractive residential locations in Europe, with a growing population that is expected to reach 1.812 million by 2040. The housing market in Munich is characterized by high demand and a shortage of supply, particularly in the rental sector. - **Housing Units and Ownership:** - Total housing units: Specific figures are not provided in the sources, but the city completed 9,837 apartments in 2023, an increase of 31% from the previous year. - Rental vs. ownership: Detailed statistics on the ratio of renters to homeowners are not available in the provided sources. - **Prices:** - Median rent per square meter: €22.96 per month. - Median price per square meter to buy an apartment: Not specified in the provided sources. - **Public, Social, and Cooperative Housing:** - Munich has initiated various projects to increase affordable housing, including a housing action plan "Wohnen in München VII" with €2 billion for subsidized and climate-friendly living space by 2028. - The city is planning large-scale housing construction projects, including a new residential quarter with up to 1,200 apartments and another with around 500 apartments. - Specific shares of public, social, and cooperative housing in the market are not provided in the sources. Overall, Munich's housing market is experiencing high demand and a shortage of supply, with efforts underway to increase affordable housing options.

Further Actors?

In Munich, several individuals and organizations across various sectors could be valuable conversation partners and collaborators for building more affordable and sustainable housing: 1. **Academic Institutions**: - **Technical University of Munich**: Researchers like Lena Sterzer, who study affordable housing and urban development. 2. **NGOs and Housing Cooperatives**: - **wagnis eG**: A non-profit housing cooperative led by Elisabeth Hollerbach, focusing on sustainable and socially cohesive housing projects. - **GWG München**: A municipal housing company involved in affordable housing projects like Freiham. 3. **Local Administration and Political Parties**: - **Munich City Council**: Key in implementing housing programs like “Wohnen in München VI” and promoting sustainable construction. - **Green Party in the City Council**: Advocates for ecological model housing estates like Prinz-Eugen-Park. 4. **Manufacturers and Construction Companies**: - **Planungsgemeinschaft München GbR**: Developers of sustainable housing projects like Prinz-Eugen-Park. - **Felix+Jonas Architekten**: Architects involved in affordable housing projects like Freiham. 5. **Impact Investors and Real Estate Developers**: - **UBM Development**: Developers of ecological model settlements like Prinz-Eugen-Park. 6. **Startups and Architecture Firms**: - **Architekturwerkstatt Vallentin GmbH**: Architects of sustainable housing projects like Prinz-Eugen-Park. - **Allplan**: Software providers for planning and designing affordable housing projects like Freiham. These entities are crucial for fostering collaboration and innovation in affordable and sustainable housing in Munich.

Cooperatives

In Munich, housing cooperatives play a significant role in providing affordable and community-oriented housing. These cooperatives, known as "Wohnungsgenossenschaften" in German, are based on collaborative ownership where members contribute financially and participate in decision-making processes. The city has a robust market for cooperative housing, with over 2,000 cooperative projects across Germany offering approximately 2.2 million units. In Munich specifically, cooperatives like WOGENO and wagnisART are notable examples. WOGENO manages 19 houses with 530 apartments and focuses on social, ecological, and self-managed living. wagnisART, honored with the 2016 German Urban Construction Prize, emphasizes community engagement and has a unique developmental process involving member participation. The city supports cooperative housing through programs such as offering city-owned land at reduced prices and providing additional benefits like reduced borrowing costs for projects aligned with Munich's housing and development strategy. The federal government also offers funding programs with favorable interest rates, which have seen significant demand. New cooperatives have emerged in recent years, contributing to the growing importance of cooperative housing in addressing Munich's housing needs.