Construction financing - How will it change in the future?

What exactly do the numbers mean? Can you explain that?

Thank you! mini

I don't believe there will be a (significant) stimulus program for the real estate market that has been overheated for years.

The real estate market or the construction industry is a very easy way for the state to implement stimulus programs. And even the Baukindergeld was terribly pro-cyclical and created many wrong incentives. That did not stop the politicians from introducing it.

What exactly do the numbers mean? Can you explain that?

For some terms, the interest rate of KFW 153 has been increased from 0.75 to 0.95%.

What exactly do the numbers mean? Can you explain that?

It is like in the overview at KfW directly. At the front, the type of loan (term/grace years/fixed interest period) and at the back the interest rate. Of course, I have cut off the bank's margin etc. (no bank gets rich from that anyway...).

The real estate market or the construction industry is a very easy way for the state to launch economic stimulus programs. And even the Baukindergeld was terribly pro-cyclical and created many wrong incentives. That did not stop politicians from introducing it.

I do not really understand either statement correctly. Do you have time and willingness to explain them for "dummies"? Regarding the Baukindergeld, I was happy for parents, even though I am not a parent myself, because I find it totally unfair that in all other supposedly poorer countries in Europe, the home ownership rate is significantly higher than in Germany. In my opinion, we have considerable catching up to do there. And people with children should live in a house anyway and not in a rental apartment. My subjective opinion.

The increase at the KfW was surprising now, though, right??