Construction costs are currently skyrocketing

At the interest rate level and monthly installments of €2,000 - €3,000, even the upper middle class can no longer afford this.

I say nothing will collapse as long as there is enough wealth in Germany and there continues to be an extreme excess demand for land. Meanwhile, financing brokers report that although the absolute number of financings is decreasing because not just anyone can get financing for any run-down property at moon prices anymore. On the other hand, those currently financing are simply bringing more and more equity into their financings (or they just earn above average). Of course, because there is generally more than enough wealth in Germany, within families. What will probably, unfortunately, happen is that the gap will widen further, and tend to be those who build whose families already have substantial free capital. I know quite a few where (grand)parents simply transferred six-figure sums or handed over land worth several hundred thousand, then it is no longer quite so dramatic.

My colleague worked there Nelskamp in Groß Ammensleben is shutting down the ovens and is no longer producing clay roof tiles for the time being Prices for gas were recently 13 times higher than in other years, so it simply made no sense currently to keep firing

These statements are currently coming from other manufacturers as well. In my opinion, this is incomprehensible since the demand remains high and a 13-fold higher gas price does not make the tiles 13 times more expensive.

They certainly must have had a reason for it. My guesses would be:
- there are not only problems with the gas but also with the clay
- more money is earned if the gas from the long-term contracts is now sold off on the market
- at the x-fold price (whatever exactly that is), there would no longer be much demand for clay bricks

Presumably it is a combination of all of this. I am definitely very relieved that my bricks still arrived last week and hopefully will be on next week.

phew… Gazprom is NO longer delivering gas through NS1 after the 3-day maintenance. Now it’s really getting interesting and very bitter for many of us… I’m really curious how the industry and all the companies are supposed to hold out. The gas price will rise significantly again next week …:rolleyes:

I fear that too. I am in favor of opening Nord Stream 2. I don't believe that Putin will allow deliveries, but then he would expose himself as a liar.

I fear so too. I am in favor of opening Nord Stream 2. Although I don't believe Putin will allow deliveries, he would then reveal himself as a liar.

Yes, absolutely - so that energy junkie Germany can finally satisfy its addiction to Putin's needle again!!! Withdrawal aborted :-)