Alessandro
2022-09-29 09:39:29
- #1
and in relation to the interest rate...
In relation to salary, building is even cheaper nowadays than 20 years ago!
No, not that. And of course, condominiums are more affordable than a house in the same area. However, condominiums are mainly available in the more expensive areas. If we assume an average household net income of €3600 and consider that the middle third should still be able to afford something, then the condominium would have to be more in the range of €250k. For 3-4 rooms, you can hardly find that anywhere.D is not only the Lake Constance region.
As I understand from your graphic: "Affordability Index" 2000: ~115 vs. ~135 2020.
Your DB Research figures also refute your claim. Since the observation period, house prices have outpaced income.
That's how it is. I am a banker and have never done any manual work in my entire life. In our new build, I plastered ceilings for the first time, laid floors, applied textured plaster, sealed acrylic and silicone joints, installed electrical wiring (under guidance), built a terrace and a splash guard. It all works if you just want to. Of course, you have to sacrifice time for it. Sometimes entire weekends went for it over weeks. But it was worth it to me, and I was able to save quite a bit of money.Regarding the topic of personal effort, I unfortunately have to agree with Durran. Whether he really followed through like that, I don't want to judge. However, in my opinion, the message is the right one. People in Germany, in general, are no longer willing to make sacrifices. No one gets anything for free here, and if you prioritize spending a lot of time with your family, you simply have to buy the services. Arguments like having two left hands, but then you start sweating, or the torn toenail are, for me personally, often just excuses. Talent aside, from a motor skills perspective, every person is probably talented enough to be able to do simple work on the house themselves.
What your statement was, I quoted. That this statement is sheer nonsense, you yourself have proven with numbers.the principal statement
Do you actually know what the affordability index consists of or are you again making some "principal statements"?What is not taken into account here are the subsidies like BAFA, Baukindergeld, etc....