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.