Construction costs are currently skyrocketing

One could also say: Now it doesn't matter anyway :p

Joking aside, Pinki wrote "brauchen".
Do you need 5 - 7 rooms?

I understand your joke... since the beginning of the year we have been retired and without the rat race I will surely reach 80. We once had 220 m², back when our children were still living at home. Then we sold this house to a family with children. In 2010 we had a bungalow with 85 m² and now in 2022 had a bungalow with 90 m² newly built. We don't need more. But I also do not need an apartment.

I am looking forward to our construction electricity bill, which is expected to be quite low. I will share exact figures as soon as I have the invoice. Regarding the hot tub, I hope that after the schnitzel with a beer, not all the water will slosh out or be displaced. ;-)

Do you already have a number of how many kWh you have used so far? The topic of construction electricity is pretty much the only item we couldn’t "grasp" at all and therefore have made generous provisions for it. On the internet, I have read about 300 kWh to 13,000 kWh for a comparable single-family house. Although such outliers are rarely meaningful.

By the way, the pool was not damaged, which cannot be said about my liver :-D

At the beginning of 2022, concluded with Sparkasse at 1.1% for 20 years.
As of now, over 1000€ higher rate, that would not be possible

If I calculate, the jump for a loan amount of 500,000 € and a term of 20 years as a full tiger from 1.1% to the now usual 3.4% is about +/- 550,- € additional costs per month.
For 1000 euro additional costs, the loan amount must already be close to 900,000 €.

For the half-a-million-credit average consumer, 550,- € additional costs per month is also not a small matter. But if someone can no longer afford to build because of that, they couldn’t afford it beforehand either.

First post, roughly: Your poverty pisses me off.
Must be the heat.
And nonsense on top of that.

For the average person with a half-million loan, an additional €550 per month is also not small potatoes. But if someone can no longer afford to build because of that, they couldn't afford it in the first place.

It has become significantly tighter to fulfill the desire for one's own house. In the early and mid-nineties, mortgage interest rates ranged between 5% and 8%, of course with significantly lower construction costs. But even then, the issue of homeownership and thus retirement provision was unfortunately not made for every family. When construction costs and interest rates rise, there is no way into a house for some. Some others should still try the path to homeownership. But that also means sacrificing size and some comfort.

First post roughly summarizes one of the opinions that has already been expressed several times on the past 617 pages. If it gets more expensive, I have to save somewhere or give it up. The time when everyone installed huge window fronts and took any technology as a luxury is now over for some to many. Besides, unless you can simply sell your place without pain in case of emergency, you need to create some reserves. Planning an unplanned child with a disability or unexpectedly needing to care for elderly parents into a calculation based on 100,- € is rather difficult. I also have a 510,000 € loan running for 20 years. I am far from being pissed off by poverty. But I’m happy to have my nonsense explained to me again.