Affordable homeownership: Buy or pre-fabricated house?

Something is wrong with your calculation: with a family income of 7200 and expenses of 2400, 4800 remain each month. Save that money every month throughout 2019 and you will increase your equity from the current 10,000€ to 67,000€, which would be a completely different situation. How did you manage to get all that money over the past years? That wasn't just one car, was it?

New construction doesn't happen quickly. Whether brick by brick or prefabricated house.

Prefabricated houses are not cardboard boxes kept in stock. There are very high-quality timber frame builders like Schwörerhaus.

Only condominiums, builder's leftover houses, or used ones with minor renovation backlog (if such things even still exist) go quickly.

That is the problem with self-employed people. Doing poor calculations for the dear tax office, not building up equity and then failing with the construction financing. 10k equity, only the house bank that knows your business will finance that.

Right - if it has to go fast, then building a house, whether prefabricated or solid, is not an option anyway. We are already well off with the start of construction in 09/2019, and we only had the notary appointment for the land in January. Others wait a year and a half before it even gets started. So I believe, in terms of building technology, "Omas Schätzchen" plus a lot of muscle mortgage is actually the only realistic way to quickly say goodbye to the unwanted neighbor...

How did you manage to get the money every year for the last few years? That wasn’t just one car, was it?

I see it the same way. You should take a closer look for yourself where the money is suddenly supposed to come from that wasn’t available before. Because you probably don’t want to give up cars and possibly vacations for 20 years?!

Why do you actually have to "have to" pay for a car in cash? Who can do that... I absolutely don’t see anything wrong with fully financing the car. It doesn’t have to be a 30k euro ride. We’ve always done it that way (always = twice, we haven’t had more cars in our lives either). And the banks haven’t complained about it so far. Not having a large amount of equity itself isn’t really a problem if the income situation fits and the banks give their OK. However, the incidental purchase costs should be paid from equity, simply because otherwise the entire loan becomes more expensive. You can certainly find an affordable house for around 700 euros per month (200k purchase price?), the question then is how much work you still have to put in. Building will definitely be much more expensive. What speaks against waiting the 7 months until getting a civil servant position and saving properly again, then looking for something on the existing market?