Construction costs are currently skyrocketing

2023-06-23 10:27:47

There are resources on the topic. I can recommend the article "Recognizing when bankruptcy is imminent – is action needed during the withdrawal phase?" from "Finanzen? Erklärt!". If you realize that things are getting tight, you can take countermeasures and, for example, spend less money.

Basically, you have the wrong perception of risk here. It is not guaranteed that the GRV will still pay a pension in 30 years that you can live on. It is not even guaranteed that the German state will still exist in its known form in 30 years. And these are not just mere thought experiments or conspiracy theories. It is already possible to calculate that the GRV will run a massive deficit in the coming decades. Just because the GRV sends you a letter every year and makes you a promise for the 2050s does not mean that this promise will be kept.

I think we're talking past each other. I was not referring to our situation here, but still referring to the teacher from Australia.

2023-06-23 10:44:00

Yes, but he argued that it would be the same here. Because the statutory pension is also not secure (despite Nobbi's promises). However, it is not quite as drastic here, as there are hardship regulations. So here you get (supplementary) social assistance, which also covers ongoing housing costs, if for example at 90 your saved-up money runs out and you receive no or too little statutory pension and you are not living in a 250m² villa, then you don't necessarily have to sell beforehand. Don't know if there are such regulations in Australia.

2023-06-23 10:51:21

Exactly that. Kati's thesis was that you cannot sleep peacefully if a certain amount of money has to last for an unknown remainder of your lifetime. The problem is quite manageable and, in fact, the future is no more uncertain than any promises from the state.

Regarding the cistern:
I know it such that every few years in summer (when it is empty anyway) you spray it with a high-pressure cleaner and scoop out all the dirt with buckets. As long as you regularly empty the cistern, nothing should go bad.

2023-06-23 10:59:24

I simply don't care about the yield of the Aco channel – it’s just about being able to exit at ground level through the sliding door and divert rainwater as long as there is no canopy (planned) above it. Once the canopy is there, the channel is useless anyway...

That’s why there are currently still two pipes coming out, which together with the roof rainwater run through the swirl filter into the cistern...
The canopy is supposed to be about 36 sqm. If the canopy was already there, I wouldn't even install the channel.

2023-06-23 11:39:32

The yield of the Aco channel doesn’t matter to me at all – it’s only about being able/wanting to step out at ground level at the sliding door to drain rainwater as long as there is no canopy (planned) above. Once that is there, the channel is useless anyway...

That’s why there are currently still 2 pipes sticking out that run together with the roof rainwater through the swirl filter into the cistern... The canopy is supposed to be about 36 sqm. If the canopy were there right away, I wouldn’t install the channel at all.

For something like that(*) people used to make a soakaway pit. Dig a hole, put in big stones, put in a pipe, done. Of course, it eventually clogs up but "so what." A supplier of rainwater cisterns said: "You are welcome to buy the large infiltration module from us for the cistern overflow – but you can also just bury a few upside-down beer crates." For a drainage where every holy now and then some water comes out and which will be out of use in the foreseeable future anyway, I would do it exactly like that.

(*) To be precise, they even did that for whole houses, for example in the house where I grew up. Each side of the house about 50 sqm had a soakaway pit, of course bigger than a beer crate. Built in 1953, and the parts were sealed thanks to many leaves around 1983. So if a canopy is planned in the next 30 years, that would be an option.

2023-06-23 15:52:45

Yes, but what did you pay for the house? I just looked at your history, 100k for a house is almost a giveaway and you even got it at a family price. You can't even get a condominium for that. For 300k I find only houses here in rural SIG that can only be used as RLT2. Normal renovation cases from the 70s cost around 400k, plus purchase incidental costs plus renovation. That makes 550-600k and that's just a lot for a partially renovated house.

And against that I do the following calculation:
Plot 100k
Town & Country Flair 134 including underfloor heating and heat pump 310k (price for SIG)
Floors + painting + patterning 50k
Construction incidental costs 50k
Outdoor facilities 40k
-------------
550k

Some of that is calculated generously now, you could definitely stay well below 50k for construction incidental costs and there is also a lot of room under 40k for outdoor facilities

That's how it is. I'll say it again, the cheap renovation cases for a double-digit thousand amount exist, but they only exist because they are located where no one else wants to live ;-)

Otherwise, I see it the same way, 400k for the standard from the 60s or 70s to fully renovate is more the rule. The only advantage would be a larger plot than what is usually offered in new development areas today, possibly in a better existing location. But that's about it.

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Construction costs are currently skyrocketing

kati1337

Tolentino

WilderSueden

se_na_23

HeimatBauer

Maulwurfbau