We can now begin evaluating the effects of the reforms. Have they achieved their objectives? Do the reforms bring with them unintended side-effects? Under Germany’s G20 presidency, which will come to an end in the next few days, we have made considerable progress. Together with our international partners, we have agreed on a framework for a structured evaluation of the reforms.
Sound and reliable information and data are at the heart of each evaluation. This is why it’s so important for us to close the gaps in the housing data in Germany. A structured evaluation is the only way to gauge the costs and benefits of the reforms to society at large. Let me give you an example.