Construction costs are currently skyrocketing

Pensions are pay-as-you-go systems and there is no capital stock involved.

Oh? Do the pension-contributory incomes fall from the sky? Or are they generated with the help of a capital stock?

Oh? Do income subject to pension contributions fall from the sky? Or are they generated with the help of a capital stock?

Um, yes. There is no capital stock. If it were different, the federal budget would not now be subsidizing pensions with 110 billion EUR annually.

Really? Do pension contribution-liable incomes fall from the sky? Or are they generated with the help of a capital stock?

Every euro that comes in through my pension contributions goes straight out again, plus 110 billion euros from eco tax, mineral oil tax, value-added tax, etc. This makes a redistribution sum of about 450 billion euros per year. If no one pays contributions anymore, the oven is immediately out. Nothing is saved up. On the contrary – if they continue with their pay-as-you-go system and don’t slowly introduce something sustainable, Mr. Lindner will even have to take on debt for the pensioners – the contributions are already at the limit. Well, the boomers who are soon going into retirement have it good – they get everything from their parents who rebuilt everything after the war and now, like fat maggots in bacon, rest on their prosperity (of course, I’m exaggerating a bit). Intergenerational justice looks different – people like us have to pay the highest contributions and keep the system running. For 2 boomers, there is only one contributor from the generation under 35. Amen – good night German pension system.

Here near Hannover there are some right now. Small village, 546 sqm developed for 227,000,-

And, how is the demand currently? Or is there a long process?

And, how is the demand currently? Or is there a lengthy process?

No idea - I just received a flyer. But since currently very little building land is designated in the entire region, I assume that the demand is indeed there.

And, what is the current demand there? Or is it a long process?

I come from Hanover, lived there for 36 years... I've been away from there for 3 years now, also because of the crazy prices...

Honestly, I can only imagine 400 EUR/m² in a very bad location? Seelze, Garbsen, Lohnde, Sehnde, Ihlten, Langenhagen, Rethen... you can’t get more for that price...

Inner-city outskirts like Anderten, Wettbergen are now already at 700, 800/m²...