Construction costs are currently skyrocketing

In plain English, manufacturing costs have decreased thanks to declining raw material and especially energy prices, but selling prices have not been adjusted downwards, the consumer still has too much money anyway and buys it regardless.

The strategy can be pursued for a certain period of time, but sooner or later both competitors and customers notice it. I see neither a basis for the blanket criticism of the consumer nor for the claim that the market economy would not apply in the construction industry.

The building materials manufacturer with the yellow buckets also significantly raised prices on 01.11. Several newsletters from various paint online retailers had already announced this weeks in advance. On time for 01.11., many products in their online shops were then partially several € more expensive per bucket.

the consumer has way too much money anyway and buys it anyway.

I had this image several times during our vacation this week.. there is somehow still too much money in circulation..

Yes. What you didn’t see on your vacation, however, are people who can no longer afford a vacation. In that respect... there is a lot of money in circulation, yes. But extremely unevenly distributed, and statements like "there is still far too much money" sound like mockery to many. Always remember, this forum here is a bubble of the wealthy.

Of course, a lot of money is in circulation. If interest rates go down again in 2024, a new party and price round will start in the real estate market.

Yesterday I read a post. I don’t even remember where it was, I think in [Die Welt].

A couple, he is an industrial engineer, she is a lawyer with a net income of 8400 euros. Even they can no longer afford a house in the Stuttgart area. Not even a terraced house. There is also nothing reasonable to rent anymore. And if there is, it’s also very expensive.

The installment for a terraced house would currently be over 4000 euros. So you can see, even as the highest earners, there is nothing to do here anymore if you don’t want to get completely into debt. We are talking about a couple who certainly have a combined annual gross income of 180,000 euros.

And families with such high incomes are more likely to be the exception than the rule. And in times of tight budgets, now the owners of existing properties are being plucked. And really badly. We are in decline.

It also doesn’t help anymore to vote for the AfD or someone like Wagenknecht. The child has already fallen into the well.

Of course a lot of money is in circulation. If interest rates go down again in 2024, a new party and price round will start on the real estate market.

For the umpteenth time, interest rates will not go down. They will continue to rise. And massively. Even the current pause in interest rates is causing prices to rise massively again. Food prices are currently rising extremely again.