Construction costs are currently skyrocketing

At 80k additional costs and 2.8% interest (almost four times in half a year!), I would now be down to a sad 1.12% initial repayment.

,,, and you wouldn't get financing from most banks. Often, the maximum term indicated is 40 years = 2% repayment.

And I wouldn’t find that sensible either. After all, I want to be finished in good time. If you consider that I am now somewhere between 3.5 and 4% initial repayment and there is still a subsidy from the KfW on top of that... you can see how quickly things have turned. From pretty comfortable to kamikaze financing.

That was the case at the beginning of March - when there was a stop on orders everywhere - now (most) production lines are running again. That's why I was previously asking in surprise.

That was the case at the beginning of March - when there was a stop on orders everywhere - now (most) production lines are running again. That's why I was previously asking in surprise.

Well, Mercedes Rastatt has short-time work this and next week. But two months ago they paid out a huge bonus. Okay, they are not a reference, but there is still money available. Currently, we only have 80% capacity utilization but no short-time work. Raw materials like copper are still in short supply and come from South Korea. What I also observe is 5-6 properties daily on ImmoScout24, etc. Prices are falling mainly for dilapidated properties, while prices for good properties are stagnating.