Skip to Content

Vovonia headquarters, Wikipedia

Largest housing concern in Germany sees growth in migrant tenants

Around one in ten new tenants of the largest housing company in Germany comes either from Syria, Afghanistan or Iraq. And their CEO sees room for growth.

Published: May 18, 2019, 1:15 pm

    It was estimated by the chairman of the housing company Vonovia, Rolf Buch, that “In the last two years, we have leased around ten percent of the vacant apartments to people from Syria, Afghanistan and Iraq”. Buch spoke at the general meeting of the listed company on May 16.

    This figure, according to Buch, really reveals “how closely we are connected to the topic of migration”.

    But the social environment is increasingly threatened by “selfishness,” Buch warned. “It is therefore important to develop and maintain neighbourhoods. This is especially true where people with a different cultural background meet old people. This has an impact on social coexistence and the image of the neighbourhoods. ”

    Vonovia is the largest private landlord in Germany with around 490 000 residential units and four billion euro in turnover.

    Another German housing company European Homecare, that has been working for the government to provide asylum shelters, is also happy about the business opportunity that migration has brought about. “We’re doing something some people consider dirty: we make money,” said company spokesman Klaus Kocks.

    With some 1000 staff caring for 15 000 migrants across the state, the company has become a major player in the immigration industrial complex. Cash starved mayors and officials often find a privately run-company more attractive.

    But some private sector contractors are “cowboys who are only there because they want to make heaps of money”, Marie Sallnäs, professor of social work at Stockholm University, told the Guardian in 2015.

    The German CDU economic politician Joachim Pfeiffer has criticized the “all-round supply state” in his country. “We shower people with money and they are still not satisfied,” he told the Augsburger Allgemeine. Germany is investing too much in its “social climate”.

    From 2013 to today, social spending in the federal budget has risen from 145 billion euros to 180 billion euros, which is 56 percent of the total budget. “We have a real imbalance in household expenditure,” lamented Pfeiffer.

    In the event of a renewed economic crisis, the Bundestag member fears cuts in the wrong places. “Once an economic slump returns, my concern is that we must radically cut back on research and investment.”

    Keep ​your language polite​. Readers from many different countries visit and contribute to Free West Media and we must therefore obey the rules in​,​ for example​, ​Germany. Illegal content will be deleted.

    If you have been approved to post comments without preview from FWM, you are responsible for violation​s​ of​ any​ law. This means that FWM may be forced to cooperate with authorities in a possible crime investigation.

    If your comments are subject to preview ​by FWM, please be patient. We continually review comments but depending on the time of day it can take up to several hours before your comment is reviewed.

    We reserve the right to del​ete​ comments that are offensive, contain slander or foul language, or are irrelevant to the discussion.


    Merkel sycophant wants to strip critics of all fundamental rights

    BerlinA former General-Secretary of Chancellor Angela Merkel’s Christian Democratic Union (CDU) wants to strip German anti-immigration supporters of their fundamental rights to free speech and free assembly.

    Swiss vote for EU gun control laws

    BernSwitzerland has capitulated to EU gun control in a referendum that demonstrates the EU’s globalist grasp on the continent.

    Quotas for migrants: Is France being ‘submerged’?

    ParisIs France being "overwhelmed" by migrants, as the former Minister of the Interior Gerard Collomb suggested? Only the lack of data available to French voters may guarantee a dispassionate debate on immigration.

    Thousands of rejected asylum seekers stuck in the Netherlands

    The HagueThousands of rejected migrants are stuck in the Netherlands because their home countries have refused to allow them to return.

    Manhunt in Passau: German frat student seriously injured

    PassauAn actual manhunt occurred on the campus of the University of Passau. A member of a local conservative political group was chased down by a leftist mob and seriously injured. The assault was confirmed by eyewitnesses and medical personnel.

    French Interior Ministry orders 40 000 new grenades

    ParisPlace Beauvau has ordered 40 000 new grenades for law enforcement after a tender was launched in August 2018, but the timing of the arrival of this "A2 category war material" is most unfortunate.

    German court allows jihadist criminal of 14 years to walk free

    DuesseldorfAn Islamic criminal, who has been in Germany for 14 years, remains at liberty despite a breach of his residence obligations, according to a Düsseldorf District Court.

    Salvini announces budget cuts for pro-migration associations

    RomeThe leftist funding party in Italy is coming to an end, after the announcement by Italian Interior Minister Matteo Salvini that a series of budgetary cuts will be aimed at migrant aid associations.

    Wilders calls for parliamentary enquiry into political meddling in his trail

    The HaguePVV leader Geert Wilders has called for a parliamentary inquiry into political interference in his trial in which he is being accused of "discrimination and inciting hatred" against people with a Moroccan background.

    Orban and Aung San Suu Kyi meet to discuss illegal immigration

    BudapestHungarian Prime Minister Viktor Orban met with Myanmar’s State Counsellor, San Suu Kyi, to focus on illegal Islamic migration. The two held talks in Budapest on Wednesday in the Prime Minister’s Office.

    Go to archive