Construction costs are currently skyrocketing

IF the current inflation is due to "money printing," zero interest rate policy, and the ECB's government bond purchases, this logically and necessarily means that it is NOT due to supply chain problems and the Ukraine war including sanctions. THEN two questions:

Let's put aside the mirror fencing for a moment.

If you look at the current press review, no one expects sharply falling interest rates or further rising real estate prices. The opposite is the case - "where should they sell?" The increased construction costs are of course a topic, but they have already risen more than significantly in previous years. The same applies there - what rises can also fall again. This is ultimately the normal cycle, which has only been largely forgotten due to its extraordinary boom phase.

Refreshingly concise thinking. Not every fox seems to be clever. :rolleyes: Migrants (that is, people who give up everything familiar to them, their networks, family, livelihood, and their culture) move to places where they can find a bit of that again – or at least where they don't feel threatened by Pegidademos or a mob. It has always been like that and is human. See Germantown or Chinatown or Little Italy. Ignoring this to offset housing costs and shortages – haha – is inhuman and does not create social structures, rather camps. With the corresponding potential for conflict.

By the way, the reason the nurse in Munich can no longer afford a flat is not due to the masses of migrants, but because of too much money and good jobs. Mass immigration takes place in the high-wage sector and the deliberate and promoted settlement of companies. The city and the state want massive tech jobs and industry; where people live and park is irrelevant.

And it is not a positive location factor for international companies if their international employees have to expect to be heckled by fans of a blue party.

I know the forum rule "Don't feed the Troll." But when I read " kann man in Dresden noch fast unbeschwert und relativ günstig bauen." I almost dropped the 500€ note from my hand while lighting my cigar. As a Dresden resident, I really feel cheated right now.

The increased construction prices are of course a topic, but they have also already risen quite significantly in previous years. The same applies there - what rises can also fall again

Serious question: Do you have statistics on that? I mean ones that show that there were phases in the last 30-40 years when construction costs decreased. In any case, as I already mentioned earlier in the thread, I find it hard to imagine that it will become cheaper for the average homeowner again in the foreseeable future. Energy prices are rising; interest rates are rising; labor costs are rising.

180,000€ for a building plot with 750 sqm in Dresden Hellerau is not that expensive to feel ripped off. Just face the facts. Or do you want to tell me now that prices in Dresden are comparable to those in Stuttgart, Nuremberg, or Hanover. I spontaneously looked up the offer on Immowelt.

Serious question: Do you have statistics on that? Like showing that there were phases in the last 30-40 years when construction costs decreased.

Anyway, as I already mentioned earlier in the thread, I find it hard to imagine that it will become cheaper again for the average home builder in the foreseeable future. Energy prices are rising; interest rates are rising; labor costs are rising.

One more addendum: I quickly found a statistic showing the development between 2005 and 2017. I have to go to work now but will continue googling in the evening.