Construction costs are currently skyrocketing

Those looking for an apartment in Baden-Württemberg today still have to pay more. However, prices in the southwest are falling. This emerges from the price index published on Tuesday in Stuttgart by the real estate association IVD Süd.

Since last autumn 2022, the housing market has been somewhat more affected by price declines than the apartment market. On average in the major cities of Baden-Württemberg, price reductions for single-family houses were minus 3.0 percent, for terraced houses minus 2.8 percent, and for condominiums minus 2.4 percent (each existing properties with good living value). The highest price corrections were recorded in Reutlingen, Stuttgart, and partially in Heilbronn.

Construction activity also decreased noticeably. Stephan Kippes from the IVD market research institute substantiated this development with an impressive figure regarding the decline in building permits for residential construction in the state capital: minus 32.6 percent! According to preliminary figures from the statistical state office, only 909 residential units were approved for residential construction in Stuttgart in the past year 2022, almost a third less than in the previous year period.

That is quite illogical, as there is still a shortage of housing and this shortage is worsening with every year in which the necessary number of new apartments are not built.

And how prices for new builds or existing properties are supposed to fall, given all the requirements that now have to be met...
[Solarpflicht], [Wärmepumpenpflicht], insulation values. Higher minimum wage, good collective agreements...

No chance.

Then the money will have to become cheaper again in the medium term...

Frostschutz frei Baustelle currently 15.60 net/ton

Neither nor. Simply put, times will come when double garages and 150m² for 4 people are no longer feasible. It's not like building has become unaffordable. No, building as one envisions... So move-in ready, tiles and parquet, walls Q3 with smooth fleece, stucco on the ceiling, stairs with glass railing, kitchen from Schüller or better, KNX, teak terrace, etc. That is over. Yes. But that was only a brief side effect. Because not everything was better in the past. My grandfather built his house himself. The brothers were carpenter and plumber, the brother-in-law electrician. Having it built? Then 75% of today's retirees would not live in their own homes.

built the house himself. The brothers were a carpenter and a plumber, the brother-in-law an electrician.

That's nice for all families with craftsmen... But there are also people who don't earn their money in the construction industry. Just out of curiosity... What is an adequate living space for 4 people? 100sqm? Then you might as well just take an apartment.

That's nice for all families with craftsmen... But there must also be people who don't earn their money in the construction industry. Just out of curiosity... What is an adequate living space for 4 people? 100sqm? Then you might as well just take an apartment

I described the current and past situation, no need to get so venomous... better put the beer down, that's enough for today. An adequate living space is what you can afford. In Hong Kong for 4 people something around 40m². In Munich probably 80m², in Bremen maybe 120 is possible. But I can tell you one thing: With "Yuck, I don't want that..." you won't get far. The world is different from the good old days in the 80s, when the Indian still had leprosy, the Chinese lived on rice, and the Billy shelf was produced in Stasi prisons. That's why it won't get any cheaper... because the Chinese and Indians also want prosperity. They no longer want to live in bamboo huts. Stupid... I know.