Leipzig's municipal housing company (LWB) plans to continue creating new living space in the coming years despite high construction costs. More than 2,000 apartments are to be built by 2035, the LWB announced. This makes the municipal company almost the only public welfare-oriented player still building in Leipzig, said Thomas Dienberg, Head of the Building Department and Chairman of the LWB Supervisory Board.
"Housing is and remains the number one issue in our city," said Leipzig's Lord Mayor Burkhard Jung (SPD). Many people wondered whether they would still be able to pay their rent in the future. He is therefore grateful that the municipal company is continuing its construction program. More than half of the new apartments are to be built in the subsidized sector - which means they will be offered at affordable rents.
