Construction costs are currently skyrocketing

Inflation compensation leads to even more inflation. That is not desirable at all, not even from the perspective of the employee.

The golden years are simply over.
Politics must take care of the low-wage earners for whom it becomes existential. Everyone else will complain (it was better before), but will manage.
Populist nonsense like temporary fuel discounts must stop.

The ECB clearly set the direction today.
Bonds from Italy and others are likely to be bought, German ones sold.

Therefore, interest rates will rise here – someone has to pay for it after all.

Today I played garden landscaper for 2 p.m. and ‘earned’ my 1000€ – or saved it, depending on how you look at it.

PS: screened topsoil from the pit costs 8.90€ per ton.
I got 60 tons with a tipper loader, but the 3 hours should also be calculated at 150€ on top.

So when fully delivered topsoil costs 17-19€, that is standard. (Material + transport costs + labor + margin, depending on the distance)
In the ‘pit’ you naturally pay cash net.

Screed gravel has become 20% more expensive though (22.50 instead of 18 per ton).

A home savings contract will have a savings amount, 70:30, 60:40 or 50:50 (loan : credit) and then the monthly burden on the remaining loan over the home savings contract should decrease. You can control the payments until the allocation maturity well. You have to like home savings contracts, but they are an option. Where can you currently still get the best home savings contract?

My wife still has a dormant home savings contract, I think we will activate it now. I don’t want to grant the 750€ fee to the LBS now. (Especially since my wife, back then 5 years ago, was massively talked into it - to be honest, I failed to intervene.)

Yes, yes, the bank just made a profit again.
3100€ + special repayment, yeah right. :D

Nope. The special repayment is already included there. But it's actually about construction costs here ;)

Nope. The special repayment is already included. But this is actually about construction costs ;)

I'll ask openly hypothetically: Who can still afford a new build with 5% interest? In southern Bavaria, where the plot already swallows 350k, it should become just as tight as in SA, the construction costs remain. So will the rental market tighten due to construction stops from project developers and private single-family home builders?

Nope. You just have to build with your own effort again, just like our parents did. If you only want to lie in a deck chair and not lift a finger and preferably go on vacation while others build the house, it probably won't work anymore in the future.

And it is indeed still possible to build cheaply and well today if you plan a 3-year construction period and put in a lot of your own effort. My 192 square meter villa currently costs 151k euros and will now cost about 100k euros more and one year of work. With controlled residential ventilation, 30 cm insulation, heat pump, and blinds on all windows.

No. You just have to build again with your own effort, just like our parents did. If you only want to lie in a deck chair and not lift a finger and ideally go on vacation while others build the house, chances are it won’t work out in the future. And it is still very much possible today to build cheaply and well if you plan for 3 years of construction time and contribute a lot of your own effort. My 192 square meter villa currently stands at 151k euros in costs and will now still cost about 100k and a year of work. With controlled residential ventilation, 30 cm insulation, heat pump, and blinds on all windows.

But that means you either: a) have the cash and don’t have a job that requires at least 50 hours/week. b) have craftsmen among family/friends who also have time. c) get a plot of land that doesn’t cost as much as the self-built house. d) can afford interest rates of 3%+ and from the 13th month additionally 3% commitment interest / p.a. As you can see, many ifs. Sounds good and fine, but will rarely be feasible.