Many people are not even aware that part of the solution lies in their own pension savings. Through the so-called home ownership promotion scheme, money from the pension fund can be used for one's own four walls.
But this does not apply to every property. The legislator deliberately kept the scheme narrow: a withdrawal is permitted exclusively for owner-occupied residential property, that is, the flat or house in which one has one's own main residence. A holiday flat in the mountains, a second home by the lake or a pure investment property that is rented out do not qualify. The thinking behind this is clear: pension money should serve one's own housing. A direct purchase, the repayment of a mortgage or investments in one's own home are all possible, but always tied to owner-occupation.
That answers the question. Yes, pension fund money can be used for home ownership, but only for owner-occupied property. Not for every type of property, not for a holiday home or second residence, and the answer is not simply no either. Anyone planning a withdrawal should keep the long-term consequences for their retirement capital in mind.