Construction costs are currently skyrocketing

After the fat years, there is also the other side; those who were good have already made provisions beforehand.

I still haven’t commissioned any of the trades because I am firmly convinced that it’s only a matter of time until there are even more discounts. Is it immoral to speculate on that? I don’t think so.

If you can still wait, I would do that too. Tendentially, you have more to gain than to lose

There will only be a short phase of falling prices. Maybe 6 - 8 months. Then money will be printed like crazy again and interest rates will be lowered. That will be the death blow for the euro and inflation will gallop away from it.

Not only the construction industry will face hard times. The entire industrial complex in Germany will be on the brink of extinction. In particular, the automotive industry will suffer greatly, as will the supplier and service sectors.

And real estate prices will also collapse in the short term.

The construction trade is, of course, now paying the price for having extremely leveraged order volumes with cheap loans.

No one can manage real estate financing with 8 percent interest at these prices anymore. Meanwhile, there are first offers with 4 percent fixed deposit interest rates. The debt of one is the asset of another.

Well... 4% interest with 8% inflation is a pretty effective destruction of money!

Well, but there has also been an increase in the value of real estate in the new construction sector (A,B) since 2018 of over 50%. That more than compensates for it.

Well, but there has also been a value increase of real estate in the new construction sector (A,B) since 2018 by over 50%. That more than compensates for it.

I see it differently… that is a pure book profit. Looks good, but doesn’t bring anything at all…