Construction costs are currently skyrocketing

Why should I sell the prime piece of land now without reason when I currently can’t find any property or land elsewhere (find in the sense: Nothing is available). Sure, probably a chicken/egg problem if everyone thinks like that. But: Selling now with the current inflation and putting the money in the bank? No, thanks.

In my opinion, this way of thinking shows one of two basic problems: 1. People think the alternative is to "invest" in a daily money account because there are no other interests. But there are, you just have to deal with it and get away from the daily money above all credo. A simple look at the course of the MSCI World Core ETF fund from iShares is enough. "Oh my God, he said the bad word with funds / stocks, stone him" Yeah yeah I know.

2. Holding land is cheap. I saw that with my building gap. The previous owner paid a few euros in property tax per year, that was it. I have long been in favor of drastically increasing taxes on land, as long as it is not subject to a building obligation but remains undeveloped. We are talking about land that has been developed for building. If someone maintains it as a private meadow, they harm society as a whole.

1. People think the alternative is to "invest" in the daily allowance account because otherwise there are no interest rates. But there are, you just have to deal with it and get away from the daily allowance-everything creed. A simple look at the performance of the MSCI World Core ETF fund from iShares is enough. "Oh my God, he said the evil word fund / stocks, stone him" Yeah yeah I know.

I am already invested in individual stocks, various ETFs, crypto, crowdfunding, and LEGO. Why should I stone anyone? Still: why should I sell a top property in the current situation if I don’t have to?

2. Holding real estate is cheap. I saw that with my building gap. The previous owner paid a few euros a year in property tax, that’s it. I have long been in favor of drastically increasing taxes on plots of land that are not subject to any development obligation but remain undeveloped. We are talking about land that has been developed for construction. If someone maintains it as a private meadow, he harms the entire society.

I agree. We had such a property here for decades as well.

If someone maintains it as a private meadow, they harm the entire society.

I don't see it that way. You don't have to pave every spot just because a road runs by it.

I don’t see it that way. You don’t have to concrete every spot just because a road runs past it.

Basically yes. But: Leaving an existing, developed property empty does not come without consequences. Either someone builds somewhere else with new development and ever-growing towns. Or a house is not built at all. Neither option is particularly great. I am also a beneficiary here. The future western neighbor bought 3 plots back then and uses 2 as a garden. The view is of course much better for us than if a 9m house stood directly behind the boundary.

Don't know if this helps, but I also want to contribute something

Last week got a few prices

Lay sewage connection 8m unpaved area including connection to inspection shaft and house, about 1.5m soil excavation and refill including sidewalk closure for 2 days
~2500 €

From the GU plumber: Lay outdoor water tap to living room wall (~12m) with tap meter surcharge to standard 200€ net

A single extra socket 28€ net
32a cable including fuse next to the house (for wallbox) including 4m cable outside (about 10m inside), I think it was 5mm2, 210€ + 79€ for the fuse net

Oh one more thing: wheel loader this Friday to remove the soil pile that is still on the property = 120€ for the day, whole weekend would have been 180€ (wheel loader only)

2. Holding land is cheap. I saw this with my building gap. The previous owner paid a few euros in property tax per year, that was it. I have long been in favor of imposing a drastic tax increase on land that, provided it is not subject to a building obligation but remains undeveloped. We are talking here about land that has been developed for construction. If someone maintains it as a private meadow, they harm the entire society.

That is supposed to come with property tax C in 2025.