Construction costs are currently skyrocketing

Contract without a fixed building plot? Did you mess something up while drunk?

I am quite sure that you once said that you signed your construction contract, but then couldn’t start because your building plot was finished (significantly) later than planned.

Uh... there was another bottle of hard liquor involved yesterday? It was late and Sunday before the new stupid workweek anyway...

It’s just too much for that person then. That’s not bad, not everyone can handle it.

Please read it yourself again. Such nonsense says more about you than you might realize when writing.

How can more than half of the construction costs be KFW subsidies? That doesn't add up...

Math grade 6. Pay attention ;-)

Subsidy €100k per apartment x something over 300 = approx. €32 million (total costs €60 million - small plot, high utilization). KfW 297/298

I just checked. There are 367 apartments with 12,200 sqm of living space. For that you only need 7,700 sqm of land (costs with building rights at €1,400/sqm)

Oh yes, since we're talking about construction prices anyway. The pure construction costs are over €3,000/sqm.

In 1973, the GDR's housing construction program was decided, and by 1989, 3 million apartments had been built. With only 16 million inhabitants. I always knew that we in the GDR were decades ahead of the time.

Yep. The apartments were largely in need of renovation just 25 years after the program was launched, thanks to high-quality prefabricated panel buildings. However, during the program, the old town centers deteriorated because the money flowed only into the fancy prefab housing estate sins. And in the prefab housing estates, there were structural problems (lack of infrastructure and transport connections).

At reunification, about one in four apartments in the GDR needed renovation (the residents said so!) – in the West only 4%, one million apartments were considered beyond saving.

Additionally, in 1990, almost 20% of apartments had no bathroom. Half of the apartments were heated decentral(ly) (often with coal) (in the West, by the way, 90% had central heating).

Yep, you were ahead of us in the West on that. We never managed to ruin the housing stock so quickly.

Anyone who finds irony may keep it ;-)

Please do not distort the facts. The new prefabricated buildings were supplied with district heating at 90 percent. And every apartment also had a bathroom. Small and without windows, but functional.

And despite the lack of insulation, thanks to cheap oil from the Soviet Union, the apartments were always comfortably warm. No one had to freeze or save. But the concept of district heating is now being increasingly brought into focus again as part of municipal heat planning.

As if it were the first invention of the energy transition. The GDR was already ahead 40 years ago.

District heating also existed in the West. The existing stock as well as the apartments in the "wrong" location are really the issue. I write "wrong location" because IMHO it is actually the right location, only there are no people living there. During Corona times, some people moved from Munich to Memmingen because for the one day a week in the office it didn’t matter how far they commuted. Now companies are pressuring people to come back to the office – not necessarily 100% but often enough to make commuting from Memmingen annoying. Currently, many are therefore looking for an apartment close to work – of course only one with modern heating and insulation. Well, unfortunately, only these tasteful old apartments are on the market whose renovation has been prevented by popular uprising ("gentrification!") – no, of course, that is not wanted. So, people wanted it two years ago, but now they don’t anymore. Elsewhere, the 1B location has been boarded up for years because no one wants it anymore. Single glazing, thin concrete walls, the renovation costs more than building new. New construction is not worth it because who wants to move into a street where 90% of the houses are boarded up with wood.

Please do not distort the facts.

Did I write something wrong? Then please also say how badly the GDR failed in achieving the housing targets. It was only 1.8-1.9 million apartments and not 3 million. And that due to the expensive construction method, state funds were lacking for ALL other properties, which further deteriorated, please do not omit that either. It was good that there was cheap housing for some privileged people, but the general public had to suffer from it.