Construction costs for a multi-family house with 10 residential units, fully basemented

Who seriously believed on the evening of February 23, 2022, that Russia would advance on Kyiv with an army the next morning. Who seriously believed on the evening of February 24, 2022, that Ukraine could fend off this attack. Who seriously believed at the end of 2022 that Ukraine could go on the offensive, even liberate larger territories...

No one is interested in high interest rates. Imagine if interest rates were still at the level of 2021... then there would be no budget deficit because the federal budget would have about 36 billion more available, which now goes towards interest payments (2021: 4 billion for the federal debt, currently nearly 40 billion)... 36 billion EUR that we spend annually on higher interest rates... without any added value.

We are facing gigantic upheavals... electromobility, energy transition, new wars, possibly a new arms race. None of this can be implemented with high interest rates.

Please don’t be so narrow-minded.

I am interested in high interest rates. Since I finance almost nothing, but buy what I can afford and occasionally save for it or come up with a business idea that allows me to fulfill my wishes without financing.

High interest rates would be very good for my savings regarding my retirement provision.

8 percent interest on savings would sweeten my retirement a bit and also significantly mitigate inflation.

Moreover, the inflation of recent years has nothing to do with Ukraine, but is due to the completely disastrous monetary policy of the western central banks. The price of the zero interest rate policy of the last decade is high. Nothing less than the expropriation of savers and the destruction of the retirement provision of millions of future pensioners, pension and life insurance.

At the end of the 90s, it was very fashionable to finance houses with funded life insurances. The loan was then to be paid off at the end of the life insurance term. This did not work for many because the maturity benefit of the life insurance was significantly lower than the projected sum. For many, this was a nasty surprise.