Property transfer tax allowance for first-time buyers
The CDU wants to make it easier for families to buy a home they live in themselves. First-time purchases are to benefit from an allowance on the Grunderwerbsteuer (property transfer tax), which would require the federal government to grant the states an opt-out clause. A state-level child-related homebuyer grant and rent-to-own models are also planned.
People who buy a house or apartment pay a tax. The CDU wants to cut this tax for a first home of your own. Part of the price should be tax-free. The federal government must change a law first.
The allowance is to be 250,000 euros per adult and 100,000 euros per child. The platform notes that the tax rose to 6.5 percent under the SPD-Green government and calls the existing 400 million euro support program a stopgap. State support for home ownership is to grow, for instance through the 'Jung kauft Alt' (young buys old) program. A rent-to-own support program is to be set up with NRW.BANK to help young families who lack enough equity. The CDU also announces a state-level Baukindergeld (child-related homebuyer grant).
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„Freibetrag von 250.000 Euro pro Erwachsenem und 100.000 pro Kind vorsehen. Um dies umsetzen zu können, werden wir uns weiterhin beim Bund für die Umsetzung einer Länderöffnungsklausel stark machen.“Translation: provide for an allowance of 250,000 euros per adult and 100,000 per child. To be able to implement this, we will continue to push the federal government to introduce an opt-out clause for the states.
Placement
- Economyleaning more market
A new allowance lowers the tax burden for first-time buyers, though it is accompanied by additional public support programs.