Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

xMisterDx

2023-06-26 22:28:37
  • #1
Yes, terrible. No garage? Does Amnesty already know about it?

Screwed and shafted... well...
My great-uncle was screwed because he had to go to the Eastern Front for 3 years. My grandfather was only 14 in 1945, so he was spared the war, at least the horror of the front.

That's just how it is. Some are lucky, some are unlucky.
But what I really don't like is malice ;)
You were lucky, be happy. But don't gossip about those who were not given that luck.
 

Tolentino

2023-06-26 22:37:39
  • #2
hm I think you misunderstood him. He’s actually preaching what you often do. That building doesn’t have to cost a million or more if you lower your demands and are willing to put in physical work. Or how he just renovates a nice old building and gradually makes it his home. That’s not the pampered ready-to-move-in-with-paving, terrace, roll lawn, and double rod mesh fence with plastic strips version. Yes, it’s tough and at some point you need a break in between. And yes, today I couldn’t build anymore, no matter how much physical work I’d still be willing to put in. But to be honest, I could have been more frugal in the last 10 years, could have bought a plot further out, could have sold my condominium at its peak and built smaller, and then it probably still would have been enough today. Often you just fail because of your own demands.
 

Sunshine387

2023-06-26 22:41:57
  • #3
What do you mean by gossiping? I'm just describing reality. And quite factually and neutrally. And no, I didn’t just get lucky. Because many people told me back then that I would spend so much in 2018 and that prices would soon fall. I have no sympathy for those who now can’t afford financing. Because even if prices drop by 20 or 30%, the high interest rates really hit hard. And yes, if it comes to that, we’re all lucky to live in Germany anyway. But I agree with you on one thing. Today, in the new housing developments, I only see BMWs, the robotic lawnmower running, annual flights (even with small children), and quite often the delivery service driving by. Those who live like that and then complain that they can’t afford a house just need to tone it down a bit. The standard of living was affordable with 1% interest, but not anymore at 4%. Those who can’t do that simply shouldn’t build. And honestly, it was much harder to create homeownership in the 80s, but back then people didn’t build turnkey in one year, they did it themselves over three years. The terrace wasn’t landscaped by a garden landscaper (the word didn’t even exist then) but was done by themselves. The floor was insulated by themselves and they also did the flooring/painting work themselves. With a lot of sweat. Today unthinkable. It has to be turnkey, preferably with garden and landscaping. Doing things yourself is considered dumb. And less than 150 m2 is definitely not an option. The last 10 years were just exceptional years when you could build cheaply and afford a high standard of living. And yes I’m happy about that, but many others could have done the same. They don’t need to complain now.
 

chand1986

2023-06-26 22:45:00
  • #4

Huhuu, here I am ;)

We bought a 120 sqm middle terraced house with 80 sqm garden for 365k - above average good location in the Ruhr area. No real estate transfer tax, since it was from my parents. Winter 2022…

Would we get that out now? Plus the 50k for renovation and bathroom modernization?

Hardly. Is that important? Not really.

I don't feel screwed over. Thank God, it's much more pleasant that way.
 

KarstenausNRW

2023-06-26 22:48:39
  • #5

And that is actually wrong. The ratios of income, construction costs, and interest rates were (most years) indeed better in the 80s than today. But in addition, one used [EL] not to be able to build at all, but to keep the standard of living "high."

The more often you repeat it, the more you believe it. But it is not true. In the past 80s/90s, it was really easier to acquire property.
 

chand1986

2023-06-26 23:11:31
  • #6


Huh?
Was it in the 80s more expensive and easier, more expensive and harder, cheaper and easier, or cheaper and harder?
 

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