Duisburg

The housing market in Duisburg, Europe's largest inland port city, is characterized by low rental and purchase prices due to structural changes in the Ruhr region since the steel crisis of the 1970s. The city has seen a decline in population, leading to a surplus of properties and thus relatively low prices. According to data, the average rent is around 5.30 euros per square meter for apartments, and condominiums are available for approximately 1,050 euros per square meter.

However, specific details on the percentage or number of people renting versus owning are not provided in the available sources. The city faces challenges in maintaining a stable housing market due to its declining population and economic shifts.

To address these challenges, Duisburg focuses on leveraging its favorable transport location and large port to attract logistics and call center services, which can help stabilize the local economy. While there is no direct mention of specific initiatives to support and build affordable housing, the city's low housing prices and commission-free offers make it an attractive option for those seeking affordable housing. Further strategies to promote sustainable housing are not detailed in the provided sources.

Summary of Housing Cooperatives in Duisburg, Germany

Housing cooperatives play a significant role in the city of Duisburg, Germany, contributing to affordable and sustainable housing solutions. While specific data on market share in Duisburg is not readily available, the broader context of German housing cooperatives provides insight. In Germany, housing cooperatives have a long history dating back to 1862 and have proven resilient despite various challenges.

• Market Share: Although specific figures for Duisburg are not provided, the overall German housing cooperative sector includes 1,801 cooperatives with 2.9 million members and 2.2 million housing units, indicating a substantial presence in the housing market.

• New Cooperatives: Recent data on new housing cooperatives in Duisburg is not available in the provided sources. However, the German cooperative sector has seen the establishment of 2,379 new cooperatives between 2005 and 2015, suggesting ongoing growth.

• City Support: The city's support for cooperative housing is not detailed in the provided sources. However, the European Housing Coop initiative aims to promote cooperative housing across Europe, including in cities like Duisburg, by fostering collaboration between local cooperatives, asset owners, and impact investors to develop sustainable housing projects.

In summary, while specific data on Duisburg is limited, housing cooperatives are a vital part of Germany's housing landscape, offering affordable and sustainable housing solutions. The European Housing Coop initiative suggests potential for further growth and support in cities like Duisburg.