Construction costs are currently skyrocketing

Even cash discount was included

Our general contractor also includes that for every partial payment.

Anyone who financed 5 years ago is still not due yet, and those who financed 10 years ago had around 2.5-2.6% back then, but construction prices were lower at that time, so more divorces—that’s something I observe a lot in our area.

Exactly. In 5 years, the situation could look completely different again. Looking right now, at the beginning of 2012 interest rates were at almost exactly the same level as today. 3.7% for a 15-year fixed rate.
Those who financed 10 years ago earn at least 25% more today than in 2012, have a significantly better equity situation (property value has increased, 20-30% of the loan has already been repaid) and should therefore have little difficulty with follow-up financing.

I consider this panic-mongering about follow-up financing to be fairly unsubstantial. If interest rates are still at 4% or higher in 5-10 years, then the panic can begin. Because then all those fixed-rate agreements at 1% for 15 years will expire. Although these financings are precisely the ones that inflation erodes well.

IG Metall has achieved 8.5% for 2 years, plus a special payment. So my loan is already 10% "cheaper" for me now. And I still have 12 years left. So I see this quite relaxed.

Anyone who financed 10 years ago is earning at least 25% more than in 2012 today and has a significantly better equity situation (property worth

Do you know more than I do? Welcome to reality. Not all companies are bound by collective agreements or pay more according to inflation. But I will now tell my boss that MisterD said that I should get a raise.

Realistically, you will tell your boss one of these two sentences:
- I am working somewhere else now
- It's nice here, keep it up
You decide.

Just for fun, I just checked. I don't know about 10 years ago, but 8 years ago I financed my [ETW] and still have the documents on my computer. Today, I earn 62% more on my fixed salary. So much for the topic of cost increases...

I earn 62% more today with the fixed salary.

Are you a drug dealer? :eek: That was worth it.