Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

WilderSueden

2023-06-16 22:25:09
  • #1

However, many of the old residents probably could no longer afford it at today's prices either. They were just lucky to buy/build at different times. Especially around Munich, it is often forgotten that before the sharp price increase there were many years of stagnation and even value losses (and yes, the graph is missing the really sharp rise of the last 10 years, but unfortunately I couldn't find anything better with a long time series quickly)
 

xMisterDx

2023-06-16 23:16:01
  • #2
It's always the same debate with the same biting reflexes. But unfortunately, it leads nowhere.

The young people in 20 years will then tell us what they think about paying 30% pension contributions plus at least the federal budget... basically nothing.

It would be nice if the older people realized that life primarily revolves around the next generation or should revolve around it... but that didn't work even during Corona...
It should also be in the interest of pensioners, by the way. Because if young people have no desire to work anymore since they can't afford a home even with the best job, then there will be no pension anymore.

Because the current pension is generated by those who work. Increasingly precariously, increasingly by people who actually live with 2 children in 65m².
Pensioners tend to forget that.

And no. Just because you have built something up, you do not have the right to tear it down with your butt again.
 

Sunshine387

2023-06-16 23:17:44
  • #3
Of course, one must not forget that wages in 1990 were completely different. That is often forgotten. And the interest rates were also significantly higher than they are now. Not everyone could afford real estate back then, and that is the case again today. The people who bought/financed between 2010 and 2020 were partially benefited by the low interest rates. Some of the people could only afford the 200 m2 city villa without equity.
 

Bookstar87

2023-06-16 23:28:54
  • #4

Please don’t pity the youth. They are currently ruining their own future in every respect. They have to face the consequences of their actions, and a big one is that they will be able to afford less. This especially affects the standard of living. Then you just have to be satisfied with 30m2 as a single person and 70m2 as a family. That shouldn’t be a problem, right?
 

xMisterDx

2023-06-16 23:37:52
  • #5


We can put you in a 30m² apartment and give your apartment, which probably has more than 70m², to a native German family with 2 children. That should be in your interest, since you are such a strong advocate for housing primarily for Germans, right? You just have to be satisfied with that ;)
 

chand1986

2023-06-17 00:42:06
  • #6

Especially since all the numbers point to a recession. It just has to work its way through. So the interest rate hikes fight inflation by causing a recession – which is then fought again with rate cuts, because none of this was really wanted in the first place, and in theory, it all works differently…

That you can't tackle a price increase caused by terms of trade rather than a wage-price spiral like this, surprise, surprise.
 

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