Construction costs are currently skyrocketing

No, that is a fact. Anyone who wants to build a house for 700,000 to 800,000 at the age of 30, turnkey and without much equity, can be said to be somewhat detached from reality.

No, if he/she can do it, then it can be assumed that this person has worked extremely hard to get a great job with very good pay.

Just as an example. And even when my 12-year-old daughter comes home from school and just wants an iPhone 16.

And this is supposed to be regulated by the state? What does the state have to do with it? The state can decide which claims are legitimate, not who makes which claims. This also applies to tenants. That is your responsibility. Please don’t become mentally dehydrated at this point.

Society is much too crusty

Your own posts here are exactly the incarnation of crustiness: backwards-looking instead of progressive, emotional instead of rational, false facts instead of correct ones to justify your own emotional state – all from the armchair of a region that only knows most of the problems I experience here in the Ruhr area firsthand from second or third hand. You lament what you yourself stand for.

I inquired here regionally about firewood yesterday. 30 cubic meters of spruce in log form including delivery by truck and crane costs 18 euros per cubic meter. That completely surprised me, as it is super cheap. It hasn't been this cheap for many years.

Next week it will be delivered in 3-meter-long logs.

Last year, prices were still between 40 and 60 euros. I prefer to stock up a bit more, you never know what will come.

If it gets too political, I always like to interrupt with an interjection about the current construction price development: +3.1% in August 2024 compared to the same month last year.

If it gets too political, I like to interrupt with a remark about the current construction price development: +3.1% in August 2024 compared to the same month last year.

That is why the ECB interest rates were also lowered today. Because inflation is so low. Then the increased construction prices can be financed more easily again.

That's why the ECB's key interest rates were also lowered today. Because inflation is so low. Then the increased construction costs can also be financed more easily again.

Unfortunately, the reduction has no impact on construction loan interest rates. These have fallen significantly in recent weeks/months in anticipation of the current rate cut.
However, most analysts expect slightly rising interest rates again, as the current rates already reflect more than the actual previous key interest rate cuts.