The Regional Building Societie’s Home Construction Finance from 1959 to 1995.
- Schulz, Günther
- Historical Studies Data
AbstractThe article deals with the establishment of housing finance by public building societies. The building society reform of 1938/39 resulted in guidelines for the redevelopment of the building society sector. After the end of World War II in West-Germany the development of building societies started on the basis of the reform policies of 1938. Economically, in the postwar period the public building societies carried out a concentration process by a series of company-fusions. The success story of the building societies was primarily caused by the following four factors: - The enormous scale of war damage and the needs of the incoming refugees and displaced persons. - Saving with building associations appeared in a situation where for house building was not enough capital available, an ideal instrument to stimulate housing construction. - The Adenauer government releyed in particular on private housing because of socio-political considerations. - Caused by the population´s experience of two inflations property hat won more attractiveness than ever before. The data show the main developments: a huge increase in contract holdings;and the sequence of boom in the seventies, stagnation in the eighties and the repeated boom in the nineties; progressive shift in the proportions of the public to the private building societies. The welfare-state control of the building finance reached a new level by means of intervention with financial subventions. Data-Tables with timeseries can be downloaded via the search- and downloadsystem HISTAT. HISTAT is offerd in German language only. The study´s data are available under the topic ´Bautätigkeit, Wohnen´ (i.e. building operations and living).
1959 / 1995
Germany (DE)Former Federal Republik of Germany 1959 to 1995; from 1991 onwards reunified Germany (i.e. former FRG, new Länder and East-Berlin)
Sources: Official Statistics: Federal Statistical Office (ed.): different volumes: Statistische Jahrbücher für die Bundesrepublik Deutschland (Statistical Yearbooks for the Federal Republic of Germany). Yearly reports of the association of public building societies. Monthly reports of the German Central Bannk; statistical supplement (vol. 1) (Statistisches Beiheft, Reihe 1).
Number of Units: 36
Number of Variables: 86
- ZA8371 (Type: ZA-No.)
Schulz, Günter, 1998: Die Wohnungsbaufinanzierung der Landesbausparkassen, in: Mura, J. (Bearb.), 1998: Die Wohnungsbaufinanzierung der Sparkassenorganisation – historische Entwicklung und Zukunftsperspektiven. Sparkassenhistorisches Symposium 1997. Stuttgart: Deutscher Sparkassenverlag, S. 89-125.
Update Metadata: 2021-04-07 | Issue Number: 90 | Registration Date: 2011-02-22