In the case of privately financed housing construction in Germany, the owner does not receive any public or state funding for the construction of living space. In addition, privately financed residential construction is not tax-privileged. The construction costs are borne entirely by the owner. The owner of the residential property has no occupancy restrictions for his living space and can therefore freely decide to whom he would like to rent his apartment (s).
In contrast to privately financed housing, there is subsidized housing, in which subsidies have been granted for the construction of housing or the construction is tax-privileged.