ACHTUNG! Immobilien bald unverkäuflich wegen neuem Klimaschutzgesetz!

Summary

The video script addresses the urgent need for real estate owners to act on energy efficiency improvements to avoid significant financial losses. It discusses the impact of climate protection laws, particularly the German goal to be climate-neutral by 2045, and the building sector's substantial contribution to CO2 emissions. The script highlights the financial risks of non-compliance, such as CO2 taxes and the EU's Emissions Trading System, which could make non-energy-efficient properties unattractive to banks and potential buyers. It also explores opportunities, like government grants and tax incentives, for those who improve their properties' energy ratings, emphasizing the benefits of proactive measures over reactive ones.

Takeaways

• 🏢 The German Climate Protection Act, effective since 2019, mandates achieving climate neutrality by 2045, which significantly impacts the real estate sector.
• 🚫 In 2024, there was an outcry due to the threat of driving bans as the transport sector failed to meet its climate goals, leading to a sector-spanning approach to the issue.
• 🌡️ The building sector accounts for nearly 30% of CO2 emissions, highlighting the urgent need for energy-efficient renovations to meet climate targets.
• 🔢 The current renovation rate of 0.7% is far below the required 2%, leading to a growing problem that investors might not be aware of.
• 💸 CO2 costs are set to increase dramatically due to the EU Emissions Trading System, which will affect property owners with inefficient heating systems.
• 💵 The cost of CO2 emissions will be divided between tenants and landlords based on the energy rating of the property, with significant financial implications for those with poor ratings.
• 🏦 Some banks are already refusing to finance properties with energy efficiency class G or worse, indicating a shift in the financial sector's approach to real estate.
• 📉 The risk of 'stranded assets' arises as properties with poor energy ratings may become unrentable or unfinanceable, leading to significant losses for owners.
• ♻️ The building energy law (GEG) sets minimum standards for energy efficiency, with stricter regulations anticipated in the future to meet climate goals.
• 💼 The script discusses the financial and strategic considerations for property owners, including the potential for increased rents and tax benefits from energy-efficient renovations.
• 📈 There are opportunities for property owners to increase the value of their assets through energy-efficient renovations, with potential for higher rents and tax advantages.

Q & A

What is the main issue discussed in the script related to real estate?

The main issue discussed is the impact of climate protection laws on real estate investments, particularly the requirement for buildings to become climate-neutral by 2045, which could make non-compliant properties worthless.

What is the significance of the year 2045 in the context of the script?

By 2045, the goal is for Germany to become climate-neutral, which includes significant changes in the real estate sector, such as reducing CO2 emissions from buildings.

What is the current CO2 emission situation in the building sector according to the script?

The building sector accounts for a significant portion of CO2 emissions, nearly 30% when including heating and energy production for heating.

What is the current rate of renovation in existing buildings to meet energy efficiency standards?

The script mentions that the required renovation rate is 2%, but the current rate is only 0.7%.

What is the impact of CO2 pricing on real estate investors as discussed in the script?

Investors with properties that have gas heating will face CO2 costs that are taxed per ton, and these costs are expected to rise significantly, affecting the property's value and profitability.

How does the EU Emissions Trading System affect the real estate sector starting from 2027 as per the script?

Starting from 2027, the real estate sector will participate in the EU Emissions Trading System, which will limit the number of CO2 certificates available, making them increasingly expensive for properties with high emissions.

What are the financial implications for landlords with poor energy-rated properties according to the script?

Landlords with poor energy-rated properties may have to bear almost all of the CO2 costs, which could significantly increase their expenses and reduce the property's attractiveness to tenants.

What are the potential risks for real estate investors who do not adapt to the changing energy efficiency requirements?

Investors may face financial losses due to high CO2 costs, difficulty in securing financing, and reduced property value, as well as potential legal restrictions on renting out energy-inefficient properties.

What opportunities are presented for real estate investors willing to improve their properties' energy efficiency?

There are opportunities for significant rent increases, tax benefits, and government subsidies for energy-efficient improvements, leading to higher property values and better long-term returns.

How can real estate investors calculate the costs and benefits of energy efficiency improvements?

Investors can use tools like the KfW Sanierungsrechner to estimate the costs of improvements and the potential for financial support and savings.

What are 'stranded assets' in the context of the real estate market discussed in the script?

'Stranded assets' refer to properties that become unattractive or unviable due to high energy inefficiency, leading to potential inability to rent or sell them at a reasonable price.