Construction financing - How will it change in the future?

Why laugh? It's a good interest rate. Which country is it, if I may ask? Are there no longer terms?

Well, in Germany probably no one would conclude a deal at 1.4% annually. It goes down to 1%. I live in Belgium where everything is more expensive than in Germany, including borrowing money.

I just took out a new loan at another bank three weeks ago. 1.4% fixed for 10 years. For here, that is quite good (the competing bank offered 1.2% fixed for 5 years). That was already during Corona in Europe but before any lockdown.

Are the wages also higher? Well, you have no influence on the prevailing market conditions

no, the wages are roughly the same. Here, more money is spent on everyday things and there is less for luxury and big trips. Overall, the country is less wealthy than D.

Reason drives investors into hard assets. Just like in the last 10 years, it continues. Tangible assets are more popular than ever before.

I would like to replace the word "fear" with "reason." Since we, as is already known, have to sell our current house to be able to pay for the new house, I am somewhat hopeful that after Corona the group of unemployed and short-term workers, who now disappear as potential buyers, will be offset by a group of people who now appreciate a larger property (also suitable for self-sufficiency) with its own water supply (a stream). Especially since we still have direct tram and bus connections and live only a few bike minutes from the nearest shopping and medical center or five minutes by car from the nearest hospital. Let's see how it develops. We are still lucky, as probably many here in the forum, that our existence is not threatened. This is a privilege we should regularly remind ourselves of.