After EXPO REAL 2020 was cancelled completely and only a significantly reduced version of the leading Munich trade fair could take place in 2021, the crowds were correspondingly large in 2022. Spread over seven halls, there were 1,887 exhibitors and almost 40,000 participants. The need for discussion was correspondingly great in view of increasing uncertainties due to interest rate hikes, rising material costs, shortages of skilled workers and raw materials. In the residential construction sector in particular, the mood was clearly subdued, at times even very serious. For this reason, Federal Minister of Construction Klara Geywitz also visited the fair. Despite the crisis, the minister is sticking to the goal of 400,000 new homes per year, saying, “That’s not witchcraft, generations before us have managed that with 700,000 homes.” The forecasts of experts, on the other hand, are gloomier: many consider 200,000 new apartments to be more realistic, and some even talk of hardly any new apartments being built in a few years.