It was less about full financing for me. The article mentions an average loan amount of €248,000 for single-family house projects. How large are your project volumes? €400K, €500K, €600K... an average of €248K is a joke then. Or does the statistic also include existing properties aka bargain house renovations?

No, it does not (single-family house). It is about "construction financing." So old buildings and new buildings, apartments and houses, city and countryside. All mixed together. It means all residential properties—for which an average of €248,000 capital can currently be borrowed.

I was less concerned with full financing. The article talks about an average loan amount of €248,000 for single-family house projects. How large are your project volumes? 400K 500K 600K... then an average of €248K is a joke. Or do the statistics also include existing properties aka bargain house renovations?

I (new construction), for example, have 195K (80% financing = 243.75K with bridge financing), my neighbors are mostly in a similar range. So we are already pulling the average down. I don't find €248K unrealistic. Scout names the reasons.

I (new building) have, for example, 195 K (80% financing = 243.75 K with pre-financing), my neighbors are mostly in a similar range. So we already pull down the average. I do not find 248 K unrealistic. Scout states the reasons

yes but those are not sums. In the ballooning areas Rhein Main Munich etc. you start at 500k upwards

yes, but those are not sums. In the metropolitan areas Rhein Main Munich etc. you start at 500k upwards

That wasn’t the question. But even if it may be unimaginable to you, there are more places than just the metropolitan areas where properties are sold. And it’s not only about the "project volume" but about the "mortgage volume" per project. Even there, there are still those who can prove 30 to 60% equity... and then it is sufficient even in your metropolitan areas.

yes those are not sums. in the metropolitan areas Rhein Main Munich etc you start from 500k upwards

The extremes are of course often featured in the press. However, the actually affected proportion of the population is far from the majority.

The extremes are of course gladly featured in the press. However, the actually affected proportion of the population is far from the majority.

Correct. But the press and politics thrive precisely on such extremes.