Home » Business » Housing in Stuttgart-North: Red Wall: a financial disaster looming? – Stuttgart

Housing in Stuttgart-North: Red Wall: a financial disaster looming? – Stuttgart

when the Rote Wand area will be built, nobody knows. Photo: Lichtgut / Michael Latz


The explosive costs are causing the calculations for housing construction in the Rote Wand area to get out of hand. There is no date for the start of the works, long overdue.

The two investors and the two joint ventures appear to be short of financial energy if construction of the Rote Wand area in Killesberg finally does not begin. “Our loan payments will begin in six months. If things don’t get started by then, we will have to pay between 1,000 and 1,500 euros a month in interest on the loan, “says a young woman who belongs to one of the construction communities in Rote Wand, describing her situation on the North District Advisory Committee. .

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