Construction costs are currently skyrocketing

Today we tried to find 18mm OSB (by phone) for the attic. Prices ranged from €9.88 to €20 + VAT (67cm wide with tongue and groove).

Better go for tongue and groove paneling. It's vapor-permeable and also looks nicer. The slightly higher screw count...

Who can still afford to build with the current moon prices and rising interest rates? Everyone who has a loan and a signed construction contract in their pocket is done for (apart from the 12 months construction price lock-in and the nasty surprise afterward). But those starting today? With the current around 1.2% increase in nominal interest rates on a loan amount of €500k, that means an extra €500/month (or €6000 p.a.) in interest.

I guess heirs.
If you have cash in your pocket, life is quite fancy...

I think the biggest problems are yet to come on the interest rate side. Contrary to the original opinion, Ms. Lagarde will fight inflation and raise interest rates. She is already accelerating the withdrawal of money supply. I personally would not have thought that.... Currently, the 10-year fixed rates are around 1.4-1.50 percent. I think in summer/autumn it will rather be around 1.8-2.00. That will hit many private home builders again. On the other hand, in the industrial sector, construction continues endlessly. And the Ukrainian refugees do not want to stay in gymnasiums forever either. Hundreds of thousands of apartments will be needed.....

Currently, the 10-year fixed rates are around 1.4-1.50 percent. I think in summer/autumn rather around 1.8-2.00. That will affect many private builders again.

Currently rather 1.60 - 1.85% for 10 years fixed interest, about 2.0% for 15 years and around 2.2% increasingly for 20 years. The interest rate steps are yet to come and if the pressure rises further, we will soon see a 3 in front of the comma for long-term loans. For amounts of 500k to 750k euros, that is initially 15k to 22.5k euros just in interest per year. Cheers. Not to mention that living costs are rising... I am curious at what level we will be whining in 12 months.

Take tongue and groove instead. It is diffusion-open and also looks nicer. Those few extra screws...

The attic is only going to be used for storage. There is no window and no stairs up yet.... so appearance doesn't matter at all. But I'll keep the tip in mind for the attic on the extension. Otherwise, we are really glad that we found a little house. We would definitely have put this issue aside by now. The increased additional costs are already "a pain," but still manageable. Electricity and gas now cost us €330 per month for 105 sqm .....

I would have preferred to live in less interesting times,...

I would have preferred to live in less interesting times,...

hm..... Today is the good old times we will long for tomorrow....