Construction costs are currently skyrocketing

And it is still doubted that there is proper room for downward corrections once the existing active orders are completed? :)

I do not doubt that. Whether it will happen depends on many factors. Steel prices have dropped significantly, oil prices have fallen, but the euro is simply weak. There is definitely more room. The price of wood is stable and at a good low level (apart from pellets for heating, which have increased by a factor of 2.5 compared to 12-24 months ago). Even Poroton bricks are available again. How about roof tiles? The main energy source for cement production is not gas or oil, but 70% dirty and environmentally harmful plastic from the Green Dot. So it is not so dependent on the pipeline czar idiot. Now a lot depends on little czar idiot whether gas comes back and whether the Dutch TTF price then normalizes again.

There is movement again in microchips:

Apparently, the tide in the semiconductor industry is turning faster than expected: Especially due to the collapsed demand from private households, manufacturers are cutting wafer orders with chip foundries like TSMC, Samsung, UMC, and Globalfoundries (GF) in the second half of 2022. This is reported by the well-networked market research team of Trendforce in Asia.

The decline in orders therefore affects all process generations with 350-nanometer structures and finer, especially older manufacturing technology that processes 200-millimeter wafers. Most of the chips needed worldwide, aside from modern processors, systems-on-chip (SoCs), graphics chips, and accelerators, are produced there. The shortage of manufacturing capacity in 200-millimeter wafer fabs contributed significantly to the chip shortage in recent years. After two years of full capacity utilization, production lines that mainly produce components for consumer electronics and household appliances could drop to less than 90 percent utilization.

Now a lot depends on Zar Vollpfosten the little one, whether gas will come back and whether the Dutch TTF price will then normalize again.

As already requested several times, no political statements are to be made here, they will simply be ignored.

The statement that it only depends on the "Zar" is simply not entirely correct.

Back to the topic. Just checked, at Dr. Klein 3% for 20 years is now possible.

Our staircase builder was at our place yesterday and said that their best customer sells about 100 houses per month in [D] - usually. For the past two months, it has only been 15 units.

Our staircase builder was at our place yesterday and said that their best customer usually sells about 100 houses per month in Germany - normally. For the past two months, it's only been 15 units.

I also asked my construction contractor how things currently look. He says you can tell that much less is being built in the private sector. He's just lucky to still have a few other projects running.

My contacts in the construction industry report that inquiry numbers are clearly rising again. Either the initial shock has been overcome or it’s a last-minute panic.