Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

xMisterDx

2023-01-10 21:35:45
  • #1


Apples and oranges. Whoever can easily afford 2,000 EUR cold rent/month wouldn’t waste their time looking on online portals. That’s where the clientele who fight over the few old buildings for under 1,000 EUR hang out...

Besides, it also gives the broker some relative peace in good times. Because he spares himself constant calls like "I offer 350,000" for a 500,000 EUR property. As long as there is enough demand, the broker has no problem with that.

Now demand is collapsing and the broker probably needs the "I offer 350,000" because he can negotiate them up against each other.

Prove me otherwise... just like with the settlement cracks...
 

Tassimat

2023-01-10 21:53:29
  • #2
Me too! Yesterday, I approached a roofer on the street at my neighbor’s to have some small jobs done. Surprisingly positive: I received an affordable offer the same day with the note that the work could be done this month. There was even a discount, which I hardly ever saw during the complete renovation a few years ago and was always my minimal negotiation goal. Tomorrow I’ll clarify a few more details, then the order will be placed directly without negotiating.
 

AllThumbs

2023-01-10 22:04:01
  • #3

Uh, yes they would. 2000 euros is nothing in urban areas anymore, where you would have a particularly exclusive clientele.


Makes sense from the real estate agent’s perspective. But I was talking about the seller. Also, I didn’t realize you meant rent. The landlord might be satisfied if you present them with a suitable candidate who accepts the agreed rent even without an online portal listing.


?
 

Allthewayup

2023-01-10 22:18:14
  • #4


Actually, I wanted to remain composed and respectful, but somehow I feel like you want to ridicule this, and not even in the original thread.
With that, you have outed yourself after all.
Very weak…
 

Bausparfuchs

2023-01-10 22:39:00
  • #5
At the entrance of a new housing development near me, a prosperous small town in northern Thuringia, there was a sales sign for building plots. Building plots were advertised there for 89 euros per sqm. I might have considered buying a plot to build a house on it again. A Dan house seller was just installing an advertising sign, and we struck up a conversation. The plots now cost, only months later, already 149 euros. That is of course too expensive for me.

In addition, there are developers and building obligations. Meanwhile, everything has been sold, and there are only a few unfavorably located leftover plots.
At least that's settled there for now.

Financing costs have roughly tripled now with rising prices. Nevertheless, prices are not falling for the time being.
Since I am watching the market, I am naturally waiting for a good bargain. I do not need financing, so rising interest rates do not matter to me.
 

Benutzer 1001

2023-01-10 22:50:03
  • #6

Those who financed 5 years ago are not yet affected, and those who financed 10 years ago had about 2.5-2.6% back then, but construction prices were lower, so rather divorces—this is what I observe a lot in our area.
 

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