Construction costs are currently skyrocketing

Really? How is that supposed to work? Declare bankruptcy when applying for the plot?
How is equity defined?

If anyone has an example for such a housing development, I would be very interested. I currently lack the imagination of how the administration has worded the allocation watertight.

Edit: I found it for Stephanskirchen.

It's crazy what all counts towards it. It's the entire assets including jewelry, paintings, etc. pp.

And the income may not exceed the average income of the locality. (plus allowances for children)

Even though I wouldn’t have to worry about assets in my case, I still find it harsh.

Not much equity and below-average income. How are they supposed to manage building a house?

Edit: found it for Stephanskirchen.

It's crazy what all is included. It's the complete assets including jewelry, paintings, etc. pp.

And the income must not exceed the average income of the town. (plus allowances for children)

Even though I wouldn't have to worry about assets myself, I find it quite intense.

Not much equity and below-average income. How are they supposed to manage the house construction?

That's why I wrote that such things lead to ruin. But I just remembered someone who wrote here about acquaintances who had snagged a plot of land under similar restrictions. If I remember correctly, there was a big gift from relatives afterwards.

Building plots for sale without building obligation I consider fundamentally wrong!

Here more parcels are free for great-great-great-grandchildren or "only if it really pays off for us" than were newly designated in the last 5 years.. they bought for 30 years ago and now want 200...

Not much equity and below-average income. How are they supposed to manage building the house?

A few weeks ago, there was also someone from Wendlingen here, who, if I remember correctly, also couldn't afford to build the house.

If I remember correctly, there was the big gift from the relatives afterwards.

Presumably, exactly that happens all the time. It doesn’t even say that the assets haven’t undergone any significant changes in recent months. Meaning: 250k EUR equity is given away tax-free in 20k increments to parents and siblings until the 150k is reached. The same game then back after successful allocation. Hooray.

We have/had strict rules for local models. 15 years residence, max €70,000 gross Hamburg income (+€5k per child), max €120,000 equity, no existing property, building obligation after 2 years and 20 years binding period. Proofs through 3 EST notices, account overview, bank confirmation of transactions over €10,000 in the last 12 months.