Construction costs are currently skyrocketing

Look at white and brown goods, today you can get really good stuff for just a fraction of a monthly income. I claim that in the past it took half (yes, also a fraction, but still a large one) to two months' income. By the past I mean me 40, 50 years ago.

Indeed, those items were insanely expensive. But they also lasted about 20 years, not just 5. In the end, almost nothing saved nowadays. (In 1978, almost 2000 DM for a 67(70) inch (screen diagonal) TV)

google it...

Please back that up with numbers.
Preferably construction price index and salary development in comparison...

google it.
Of course, my statement is no longer valid for the last few months, where the interest rate has risen. But even that will still shift into the correct relationship.
What breaks many people's necks nowadays is the land. There is less and less available here, and nowadays dozens of applicants compete for one plot!

Edit: I am talking here about the pure construction costs. Higher land prices = higher ancillary costs (notary, real estate transfer tax, etc.)

google search... google search. Of course, my statement is no longer valid for the last few months, where interest rates have risen. But even that will still shift into the right proportion. What breaks many people's necks nowadays is the land. There is less and less available here and nowadays dozens of applicants come for one plot! Edit: I am talking about the pure construction costs here. Higher land prices = higher incidental costs (notary, real estate transfer tax, etc.)

No, you make an assertion, I will not google that. But you're already backpedaling, saying that today it suddenly isn't like that. So I assume that you yourself have no evidence for this claim.

if you are too lazy to just google it, then I can't help you either. I'm not here in court and not under the burden of proof :rolleyes:

Of course, construction interest rates and the still high property prices are currently disproportionate. Nevertheless, there will also be interest on savings products again in the foreseeable future. In the past, the interest rate for construction financing was also between 5-8%. But you received the same or even more on savings products. Unfortunately, many forget that...

But you must not forget that there is currently a war going on, which is the main reason for the current situation. I even claim that life has generally become cheaper in relation to income! Only our expectations have increased enormously. The same applies to building a house. Controlled ventilation, photovoltaics, smart home, large window areas, high ceilings, etc. are all demands that simply did not exist before!

Here you can see that in the 80s it was sometimes much more expensive...

and in relation to the interest rate...