Construction costs are currently skyrocketing

According to the traffic light coalition, all price increases for electricity and gas in 2023 are to be prohibited, making increase letters as of 1.1.23 invalid. Now the lead time of our government has shrunk to under 4 weeks :oops:

It is only about a reversal of the burden of proof for increases; by no means are the increases as of 1.1.23 invalid. The cartel office is supposed to check this, which has already spectacularly failed with the gasoline producers. I wouldn’t bet a penny on it…

It is merely about a reversal of the burden of proof for increases; by no means are the increases as of 1/1/23 invalid. The cartel office is supposed to examine this, which has already failed spectacularly with the gasoline producers. I wouldn’t bet a penny on it…

First of all, the price increase has to be unjustified in the first place. And I have my doubts about that when you look at the conditions under which the suppliers were able to purchase at the beginning of 2022 and under which conditions they have to buy now...

Large customers who buy on the futures market have received increases of up to 10 times... so it does not seem unrealistic at all that the suppliers raise their prices by 70%. I am curious in how many cases, with an increase to, for example, 48 cents/kWh electricity as of 1/1/2023, it will actually be proven that it was unjustified. Someone with money will surely take the legal route, there are always lawyers or teachers with boredom.

I find it very telling again that this is being criticized once more. A few pages earlier, it was written that it’s all a rip-off and that the suppliers are pocketing the money and making a killing. Now the government has taken action AGAINST it BEFOREHAND, and that’s not right either. I don’t want to lump everyone together here, but maybe people should reconsider their fundamental attitude towards life and their expectations of their environment. Complaining won’t make things any better.

By the way, I received a response from KFW Bank yesterday. I had inquired about how the interest rate increased from 1.4 to 3.54%. Blah blah... euribor 1.8, risk premium 0.7, and administration costs 1%. Now I’m wondering... what was the euribor in April, at -0, something? Or did they increase the administration surcharge?

the Euribor in April at - 0, ?

Yes, it was negative, says Google. I don't really know which one they take exactly as a reference (somehow I find "1 week/1 month/3 months/6 months/12 months") but as of the first of April, they were all negative.

Yes, it was negative, says Google. Well, I don't know exactly which one they take as a reference (somehow I find "1 week/1 month/3 months/6 months/12 months") but as of April first they were all negative.

Posts have been deleted again. I had already received an answer here. But it is gone...

Posts have been deleted again. I had already received an answer here. But it's gone...

Yes, I think so. And I was wondering if I had had a bit too much mulled wine and had only imagined sending the answer.
Apart from having filled in words, there was nothing to read except the interest rates.
But I don’t know what was written after me.
However, I haven’t received any warning or notes either.
I’m not surprised that it’s feeling quieter here all the time. :mad: