Construction costs are currently skyrocketing

Especially buildings with some extraordinary requests are stalled due to material shortages. I also watch some house constructions on YouTube and I am very happy how smoothly things are going with us. One construction on YouTube had already completed the earthworks several weeks before our construction start and is now just at the intermediate ceiling :/ So, it is certainly not an easy time but it can still work :D How are things going with the other builders?

We have been quite lucky so far. I already reported this: contract with the carpenter/roofer fixed in June, they have been on site since mid-September and tiles were placed on time. But it was not clay tiles, rather Tegalit from Braas.
Windows were no problem either, but they were actually just plain plastic parts, nothing special with standard color.
The insulation expert ordered his material earlier than usual and will come next week.

But these are all trades that have been working with the architect for years. That was probably helpful.

Allegedly, cement is also supposed to rise next year...

Let's see what will happen to the electricity price... With the government's goal to maximize the number of heat pumps, a high electricity price is quite contrary to that.

Allegedly, cement prices are supposed to rise next year...

Well, with an energy requirement of 900 kWh per ton of cement (enough for 2 m3 of concrete or 20 m2 of a floor slab or 14 m2 of a base slab), no wonder... by the way, about 10% of the energy demand is electricity, the large remainder is process energy, that is gas, coal, or plastic waste.

Unfortunately, not every (potential) homeowner makes comprehensive considerations about world events. The fact that interest rates are running away within a few weeks and prices have been exploding for two and a half years now is quite a special (in a negative sense) situation. Especially the generation that is currently mostly building is no longer accustomed to real crises.

Yes, of course, not everyone thinks deeply about the world, and they don’t have to. But when I look at what has been financed on the edge in recent years, the salary increases of the next few years are already anticipated, and inflation is ignored. There is then little reserve left if things go wrong, and it quickly becomes dangerous. Annoying for us is also that we have quite a few neighbors and, due to some slope, we should coordinate with the neighbors how the terrain runs at the boundary. At least there was an update yesterday, the buddy of one of the three properties further ahead is going to buy the one south of us. He hasn’t planned much concretely yet, but I think we can agree on a rough terrain layout by the time of moving in. Fortunately, the other two are not so critical since they are anyway hidden behind the garden shed, carport, and trailer space.

Of course, not everyone worries a lot about the world and doesn’t have to. But when I look at what has been barely financed in recent years, the salary increases of the coming years are already anticipated and inflation is ignored. There is then little reserve left if things go wrong, and it quickly becomes dangerous.

Not every builder/buyer has to do that – correct. It falls under personal responsibility. Anyone who has never dealt with risks such as additional collateral because all the colleagues talk about infinitely rising values may now have to bear the consequences.
We have always discussed it here (even if people were laughed at for mentioning the risks) – every cycle has an end, and the last ones are often the ones who get hurt – top price financed 100% without equity and hardly any income. Now values are falling across the board. Baugesetzbuch §490 is suddenly a topic again. I’ve already seen an article about it in WiWo...

Whereas the banks do not have much to gain from additional collateral. Whoever starts with that will almost always end up in foreclosure. In this respect, they probably do not look into it in practice, then there is no problem ;)