Construction costs are currently skyrocketing

2022-05-04 11:34:36

Good thing I decided to pull the plug on my investment property almost a month ago. It is simply no longer reliably calculable. Material costs are priced in, but I am talking about the unpredictable delays caused by material shortages. My wife and child are also happy when I have time again at 5 p.m. over the next 12-16 months and am not only home from 10 p.m. just to sleep and eat :D

2022-05-04 11:37:51

Yep, I already wrote about this pages ago. Creaton no longer accepts orders for clay tiles, and it seems nothing is orderable anymore for Braas either. Nelskamp still accepts orders, but the order for my roof from early March will only arrive around mid-July according to the current status. Concrete tiles are apparently also slowly becoming scarce according to my general contractor's building materials supplier because demand is predictably shifting.

Since there are no more clay tiles, everyone is rushing for concrete roof tiles.

That increasingly speaks in favor of a metal roof...
Could it be worth covering my roof now with BRAAS roof tiles and selling them, to then have a metal roof installed?

2022-05-04 12:40:13

Sheet metal is of course a good alternative. Prefa roofs last forever and look good. But I also see problems there. There will definitely be hardly any more building materials. You just have to get used to this idea. Everything related to building materials is also energy-intensive at the same time. And energy in Germany, as well as electricity, will soon be unaffordable. The course for this is currently being set in Brussels and Berlin. Inflation control through interest rate hikes is also not favored by the ECB. The euro is falling like a stone. You can practically watch how our money loses value week by week. Drastic interest rate hikes accompanied by significantly rising inflation are threatening. A deadly mix. By the end of the year, we will see 7-8 percent interest rates. So you should focus on the "must have" and no longer on the "nice to have."

2022-05-04 13:04:53

Sheet metal is of course a good alternative. Prefa roofs last forever and look good. But I also see problems there. There will definitely be hardly any building materials available anymore. You just have to get used to this idea.

Everything related to building materials is also energy-intensive. And energy, just like electricity, will soon become unaffordable in Germany. The course for this is currently being set in Brussels and Berlin.

Inflation control through interest rate hikes is also not favored by the ECB. The Euro is falling like a stone. You can practically watch how our money loses value week by week.

There are threats of drastic interest rate hikes accompanied by significantly rising inflation. A deadly mix.

By the end of the year, we will see 7-8 percent interest rates.

So you should focus on the "must have" and no longer on the "nice to have".

Hello , . I was already wondering where you had disappeared to.

2022-05-04 13:40:53

Inflation control through interest rate hikes is also not favored by the ECB.

Drastic interest rate hikes accompanied by significantly rising inflation are threatening.

Oh Durran, you have trolled better before.

2022-05-04 14:08:03

How do you currently assess what the banks are going through... we are in the process of buying a house (if anyone remembers my name... yes, a few years ago I built with my now ex-husband, I am now divorced and he lives in the house... so don't be surprised) but the ownership transfer is not until next year on May 1st. Do you think a bank would agree to finance it somehow now if we only draw on it then? It is about a loan volume of approximately 260,000 euros.

Construction costs are currently skyrocketing

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