3 Things about the city you might not know....

1. Historical Significance: Regensburg is home to the well-preserved medieval city center, which is a UNESCO World Heritage Site. The area boasts numerous historical buildings, including the Stone Bridge and the Regensburg Cathedral, which date back to the 12th century and showcase Gothic architecture. 2. Cultural Festivals: The city hosts a variety of cultural festivals throughout the year, including the Regensburg Jazz Week and the European Film Festival. These events attract artists and audiences from across Europe, providing a vibrant cultural scene that may not be widely recognized by locals or tourists. 3. Unique Culinary Scene: While known for traditional Bavarian cuisine, Regensburg also has a burgeoning food scene that includes international influences. The city features a number of hidden gem restaurants and cafes that serve dishes from around the world, offering a mix of flavors that reflect its diverse population.

Housing Market

Regensburg, a city in Bavaria, Germany, has a population of approximately 159,465 as of late 2023. The city's housing market is characterized by a high proportion of renters, with about 80% of residents renting their homes and only 20% owning. This is significantly higher than the German average of 52.1% renters. As of 2023, there were approximately 82,800 housing units in Regensburg. The rental market is tight, with an average rent of €13.51 per square meter for new leases. For purchasing, the median price per square meter for apartments is around €3,810. The city has been experiencing population growth and increasing housing demand. In 2023, 3,211 building permits were issued, and 3,533 new apartments were completed, representing a 52% increase from the previous year. Public and social housing play a role in Regensburg's market, with the municipal housing company STADTBAU-GMBH REGENSBURG implementing a multi-annual investment program to increase social and affordable housing units. The European Investment Bank is supporting this initiative with €80 million in financing. While specific figures for public, social, and cooperative housing shares are not provided, these sectors are actively working to address housing shortages and affordability issues in the city.

Housing Crisis

Local programs

The city administration of Regensburg is actively addressing the issue of affordable housing. In 2024, the city approved a significant urban development contract with Siedlungswerk NΓΌrnberg GmbH to create the "Regensburg Quarter," which will provide 381 affordable apartments. This project, costing over 150 million euros, aims to alleviate pressure on the rental market and increase the supply of social and affordable housing units. Regensburg is also participating in the state-subsidized housing program, which helps ensure affordable rent for a broad section of the population. The city's housing office manages the allocation of state-subsidized apartments through a "Wohnberechtigungsschein" (housing eligibility certificate) system. To promote sustainable housing, Regensburg is implementing energy efficiency requirements in line with EU directives. The city is focusing on upgrading existing housing stock and constructing new energy-efficient buildings. Additionally, Regensburg is working to simplify planning and permitting procedures to reduce construction costs and times. The city is exploring the use of serial and modular construction methods to exploit cost-saving potential. While specific targets for affordable housing are not mentioned, the city's efforts demonstrate a commitment to increasing the supply of affordable and sustainable housing options for its residents.

Cooperative Housing

Housing cooperatives play a significant role in Regensburg's housing market, though specific details about their scale in the city are limited. The city government recognizes cooperatives as an important model for providing affordable housing and fostering community engagement. Regensburg has regulations allowing residents to rent out their entire home to guests for up to eight weeks per year without a permit, which may impact cooperative housing availability. The city also enforces rules banning the use of residential space for non-residential purposes without approval. To promote cooperative housing, Regensburg participates in broader German and European initiatives. The city is likely involved in the National Urban Development Policy, which supports innovative urban projects and citizen engagement. Regensburg may also be part of the European Affordable Housing Consortium's efforts to create "lighthouse districts" focused on sustainable, affordable housing renovation. While specific cooperative lighthouse projects in Regensburg are not mentioned, the city has undertaken ambitious housing renovations. One notable example is the MAGGIE project at OTH Regensburg, which demonstrates energy-efficient modernization of residential buildings without increasing rents. This project, though not explicitly cooperative, showcases Regensburg's commitment to innovative, sustainable housing solutions that could inform future cooperative developments.