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> The 7000 m² would have been a lot of space that could have been used for a rental block Isn't that like 80 apartments? That's not going to bring down housing

> The 7000 m² would have been a lot of space that could have been used for a rental block Isn't that like 80 apartments? That's not going to bring down housing costs in Munich materially. Millions of people live there. You'd need 10s of thousands of new units to bring down prices materially.

mschuster91 3y ago
> Isn't that like 80 apartments? That's the size of the entire property, so (depending on what you build / how high) ~28.000 m² of resulting space or about 450-ish 60 m² apartments), so enough living space for 1000-1500 people. > You'd need 10s of thousands of new units to bring down prices materially. Agreed, but building hotels that are only fully occupied once every year for Oktoberfest and once every three years for Bauma is a waste of highly valuable real estate. Munich has about 94k hotel beds in total [1], and less than 10k homeless [2]. Close the hotels, give the place to those who actually need it. [1] https://de.statista.com/statistik/daten/studie/319424/umfrage/anzahl-der-beherbergungsbetriebe-in-muenchen-nach-betriebsart/ https://de.statista.com/statistik/daten/studie/319424/umfrag... [2] https://www.zdf.de/nachrichten/zdf-mittagsmagazin/muenchen-bayern-wohnungslos-obdachlos-100.html https://www.zdf.de/nachrichten/zdf-mittagsmagazin/muenchen-b...