Building / buying a house under the circumstances possible?

A car loan. The other car paid in cash.

Exactly, those are also our considerations.

So, negative equity. Be that as it may. Your forum ladies agree with you, I as a banker warn you and say do a financial plan. So decide for the ladies and buy

When making a purchase, one always does financial planning, even the "ladies" advise nothing else. But I think the arguments run out there, so let's just leave it as it is.

When buying, you always make a financial plan, even the "ladies" don't advise anything else. But I think the arguments run out there, so let's just leave it at that

as for me, I do not run out of arguments.

it is and remains a bad financing that is just begging to fail

So, I'm not running out of arguments.

It is and remains a bad financing that is just begging to fail

Personally, I don't see it that drastically. The loan amount isn't high enough for that, but the conditions are really bad, of course. From an interest perspective, it doesn't really make a difference whether you finance now or in 2 years when interest rates might be a bit higher. By then, you'll have saved significantly more buffer or can contribute more equity to reduce the interest. You have to finance now at 2.8% where others with 20% equity get 1.7%. That way they pay a lower rate, finish earlier, and have much lower total costs than you.

What I do see as critical is the current consumption behavior. When buying a house, consumption behavior is like going 100 km/h into a wall. Everything you had in terms of conveniences suddenly becomes impossible. Depending on the type, you won't be able to just do that, and I’m not just talking about Netflix, the butcher, shopping only at EDKA, etc., but rather about vacation habits & dining out. It no longer means 2-3 weeks in Peru, Canada, Thailand, Maldives, Australia, but for the next 20 years, one week in a holiday home on the German coast or camping, which is already expensive enough in the high season.

And €240 is not chump change. That’s easily half a month’s groceries for a family of four.

Anyone who thinks like that certainly doesn’t know how to handle money.

To briefly and concisely answer the initial question:
Buying the terraced house: yes.
Building: definitely no.

Financially, the terraced house is absolutely manageable, HelpHelp is in my opinion seeing things far too negatively.
Just because the conditions aren't perfect doesn't mean it's not doable.

The crucial point in this whole matter is simply:
Are you willing to give up a part of your fairly comfortable life for a house?
I would also consider this question in connection with the (non-)existence of a desire to have children.
If you want to have a child, the house makes sense, life changes anyway, and the vacations to the Maldives will be off anyway.

But if you buy the house now and then find out in 2 years, oh no, we don’t want kids after all, you’ll be stuck with the burden and have to give up something without much benefit.
So, make it clear what makes you happy and what is important to you, and make the decision.

it is and remains a bad financing that is just asking to fail

Hello... The two earn 4500 euros net, have no children and may not even have any.

Why should such financing be doomed to fail?

And if a child comes, the repayment can be adjusted accordingly.

And 240€ is not pocket change. That's easily half a month's groceries for a family of four.

It's about 240 euros out of 4500 euros, 2 adults, no children.

Not about 240 euros out of 4500 euros with 2 adults and 2 children, so let's keep things in perspective..

And whether I know how to handle money or not, you certainly can't judge that.
But if you happen to read my threads, you will find that you are very wrong....