Construction costs are currently skyrocketing

you apparently still live in the 1980s in this regard :( For 47% of employees in the West and 55% of female employees and employees in the East, there was no collective agreement. Collective bargaining coverage is also declining more and more

There is no law that every employee can become a property owner. If my job is not collectively agreed, I have to try to enforce wage increases on my own. What are we even discussing right now!? If I am stuck in a job that in any case will not expect wage increases at least roughly in line with inflation in the next few years, I am being fooled both as a tenant and as a property financier

There is no law that every employee can become a property owner. If my job is not bound by a collective agreement, I have to try to enforce wage increases independently. What are we even discussing right now!

I have been discussing for the last few hours primarily about people who are already financing a house; especially very recently. That ship has already sailed, and inflation can very quickly turn the favorable financing plan into scrap paper if the free cash flow no longer stretches as far as originally planned. Here, cash flow is not relevant as an amount in itself, but the purchasing power derived from it is what really counts!

A house should still be able to be paid off with one salary!!!

Of course, that is the ideal case, but with the current interest rates in areas with square meter prices of 1000-1500 euros, it is only possible if you have inherited a lot or earn incredibly well (that is, at least six figures).

I granted a 100% financing (105% loan-to-value) today with a 30-year fixed interest rate at 3.92%. The 10-year fixed interest rates are at 2.35% for an 80% loan-to-value ratio. From now on, home financing with the current interest conditions and real estate/construction prices will no longer be feasible for some.

I think right now is really a bad time? If you look at interest rates over time, they usually make rather zig-zag movements over several months. In recent weeks, they have gone up so steeply; at some point, they would have to go down again, at least judging by the pattern from the past.

In the charts of energy, food, house prices, or raw materials, there has only been one flagpole going up for months.

Why should it be different with interest rates? The user Durran already predicted interest rates of 6-8 percent this year last year and was laughed at and insulted for it. Well, we are not that far off now. And it's only April.

In recent weeks they have risen so steeply upwards, at some point it should go down again, judging purely by past patterns.

Wrong perspective: as long as they are below 2.5…/3.5%, they are low. You must not only take your small time segment when you are interested in yield curves. Five years is practically nothing!