Construction costs are currently skyrocketing

100% of the initially planned construction costs financed with a 30-year fixed interest rate

Well, I currently don't know any financer who would do that without a massive surcharge - if at all.

I read somewhere today that interest rates are currently rising significantly for loan-to-value ratios above 80%. More significantly than, for example, between 60 and 80%.

A 100% financing is therefore expensive, but of course you buy a bit of security in absolutely uncertain times and possibly avoid an equally expensive follow-up financing.

60% loan-to-value 2.34% for 10 years, 80% 2.45%, and 100% 2.75%. Whereas, for example, Schwäbisch Hall or R+V currently offer defensive conditions that are beyond good and evil, since R+V, for instance, has already reached 85% of its annual volume.

If you’re not lucky enough to snag used children’s items completely for free, you can spend quite a lot of money. We had several children in the family, but the only other summer kids were girls, so the boys’ clothes from the family didn’t fit. That was still manageable in the first few months; from about one year on, it was no longer so easy to get used unisex clothing. Shoes are very expensive and you need quite a few. So we spend around 300 euros on average per month for our two boys. This also includes sportswear. It adds up.

Yes, children... at first friends just smile at the costs, but as soon as they have some, there’s no other topic anymore..., it really adds up! Well, back to topic!

Well, I currently don't know any financer who would do that without a massive surcharge - if at all.

A 30-year fixed interest rate and 100% loan-to-value currently stand at about 3.44%. You have to be able to afford that from your income. However, it is still well below the inflation rate.

Soon no one anymore….. Prices will have to fall sooner or later. The broad mass can no longer afford a house now and those who have money do not want a terraced house…

I don't believe that! The demand is still high and thanks to inheritance and such there is still a lot of money on the market. The classic house builder/buyer with two normal incomes and some equity will no longer be able to afford it.

And I just did the math: assuming our house construction from 2019 currently costs about 30% more (which is roughly accurate since we have just seen a current offer from the same builder for the same size) and I apply this price increase also to the expenses for the outdoor area. The interest rate for 30 years would currently be around 3.59% for 100% (instead of 1.63%) and the monthly rate around €1,500 instead of our €900. I would currently not want to cover this €600 difference because that is €7,000 per year that I couldn’t spend elsewhere and that would be too much for me. We could rent here for €6-7.50/sqm fully renovated. Currently, our rate/cold rent is less than 20% of the net household income. 30% would personally be too much for me.