Assessing the affordability of home construction and criticism

What is different today regarding the repayment of loans? They have to be serviced. As I have mentioned several times, some young people today believe that everything used to be better and easier.

Many things. In the past, much was done by oneself, with dad, uncle, etc. Therefore, the burden was much lower. Not to mention the land prices.

Off Topic:

Back then my parents had a 9.75% loan and paid off only the interest for a decade.

There was also no expensive consumption of electronic items, which nowadays are renewed and replaced every few years. Everything lasted three times as long and was repaired. Nowadays everything is bought new. That makes our life expensive.

Back then, my parents had a 9.75% loan

Exactly my loan back then in 1990. Repayment of 1% was common in my environment. A house was something special; for that, other things were not available. If it goes wrong, there is always a way out again.
I am by no means advocating megalomania or naivety, but for courage and clear awareness for oneself.
If you compare the situation of your parents (and mine) back then, you had to be much braver. Perhaps that is also why less flashy stuff was done in and around the house; an additional sensible circumstance, and the shoemaker stuck more to his own, real lasts.

Many things. Before, much was done by oneself, with dad, uncle, etc. Thus, the burden was much lower.

There is no ONE before. Certainly, people were generally more willing to perform and "make sacrifices" for their own home. But nearly all homeowners I know from back then were at the limit of what was financially possible.
In this case, for example, one could also take a look at what one really needs to be satisfied and let oneself be less influenced by current trends. That alone saves a lot of money!

I cannot speak for everyone back then, but it was like that in my environment, and building was significantly more burdensome. In retrospect, I sometimes also glorify things, but be sure that it was considerably harder. It is nice that it is better today, and I have my own comparison. Many dads and uncles were exhausted men, and if you helped there, you were helped there. Paying was no option due to lack of money, therefore a trade of labor and thus hardly any time for family, etc.
Just calculate once roughly on a beer coaster what it means when you pay almost 10% interest...

The discussion is certainly honorable, but the house-building project is still quite far from reality. You do not address at all that you can ONLY finance at the bank from which you financed the plot. The 1.1% from some financing broker is not even hot air. The current income and equity situation is not sufficient for a new build. If new is so important to you, pay off the plot and see in a few years how your situation and the situation in the house-building market are. Prices will not continue to rise like this, the lid must come down somewhere.

The discussion is certainly worthy of respect, but the house building project here is still quite far from reality. You do not address at all that you can ONLY finance with the bank where you financed the plot of land. The 1.1% from some financing broker is not even hot air. The current income and equity situation is not sufficient for a new build. If new is so important to you, pay off the land and see in a few years how your situation and the situation in the house building market are. Prices will not continue to rise like that; the cap has to come somewhere.

There are actually banks that have no problem with the 2nd RANK, like MBS. But I don’t see 1.1%.

Back then, my parents had a 9.75% loan
...

At that time, there were also, for example, federal savings bonds with almost comparable interest rates (even double-digit 40 years ago) :)

This is how I laid the foundation of my "wealth" :)