Building with a small budget feasible?

... And the market will only cool down when there would be a regulation. If I own a house, I don’t have to have a second one. If I am in retirement and still live in a house that is much too big, I can free up the space for those who need the area....

... And the market will only cool down once there is regulation. If I own a house, I don’t have to have a second one. If I am retired and still live in a house that is much too big, I can free up the space for those who need the area....

Oh no, please not more regulations. Who is supposed to decide what is reasonable? And what about the person who often has several grandchildren visiting? No, everyone should decide that for themselves.

What matters to me is whether that was already agreed from the start back then.

“Back then” long terms were not possible. With 1% repayment, it was just over 30 years at high interest rates (but also 6-9% interest).
I am talking about today. Why not finance until 75? Whether I then pay €500 installments or (with guaranteed rising rents) €800 rent or can’t afford either.
But then rather 30 years in my own house and not in the rental apartment before old-age poverty gets me – to put it exaggeratedly.

... And the market will only cool down if there were regulation.

As successful as the rent cap in Berlin? Rents are down, but there are no rental apartments anymore. Housing prices rise all the more.
That’s how successful regulation is. Or if child allowance/homeownership subsidy is granted – prices rise immediately. And who benefits from the subsidy? Those who would build anyway.
That’s how politics works.

As successful as the rent cap in Berlin? Rents have gone down, but there are no rental apartments left. Apartment prices are rising all the more. That’s how successful regulation is. Or Baukindergeld/homeowner subsidy is granted – prices rise immediately. And who benefits from the subsidy? Those who are building anyway. That’s how politics works.

Yes, that’s true.

I don’t know any solution either, but the well-off are made life much easier, while the vast majority simply has no chance. When I look around here, many houses are paid for out of the petty cash of big city dwellers. Some municipalities are now imposing a second home tax, but that is probably negligible as an argument against buying...

I would only consider the option of entering into retirement if the remaining debt were so manageable that a sale would definitely result in a profit.

Moreover, with a lower monthly burden, you can also save up to make extra payments. You just have more flexibility then.

Where do all the 280 square meters go if there isn’t even a guest toilet or a bathtub included? Can those not be added later? For me, both would almost be a dealbreaker. I still don’t see you building.

In the rented attic, there is a new bathroom with a bathtub. Adding one later would probably be possible. There is a storage room next to the kitchen. However, the kitchen is not very large either. The living spaces are just very spacious. After sleeping on it...The garden is too small for us or simply not really present. The house itself becomes too big for us at the latest when our daughter moves out. The whole package doesn’t fit us.