“The head of Luxembourg’s Real Estate Chamber, Jean-Paul Scheuren, estimates that 1,000 fewer dwellings will be built in 2023 and expects a 50% decrease in construction of new flats in 2024 compared to 2022.”
https://today.rtl.lu/your-luxembourg/opinion/a/2101107.html
by ForFunPress1
1 comment
That’s another marketing article for someone with deep pockets that are not filling as fast as they use to be and might be running dry.
Quote:
*“Are enough homes being built?*
*To get an understanding of whether enough new homes are being created, it is helpful to compare the new dwellings statistics with population.*
*First, let’s look at the new dwellings figures again, this time plotted against population growth (in absolute terms).*”
That analysis is incomplete.
Let me try a (dry) joke (sorry, a bit tired):
“*To get an understanding of whether I have enough petrol for my trip, its helpful to compare the petrol needed for the distance.*”
Guess what, I went to the petrol station to fuel in 50 liters that I needed and realized I already had 20 in the fuel tank, so maybe I don’t actually need the 50?