Construction financing without equity as an option?

When many people lose their jobs, many will no longer be able to pay their installments and will have to sell. At the same time, there are fewer buyers, so prices fall accordingly. The last few years were not normal; prices usually go down in crises and not up even faster.

In the next few years, an incredible number of old buildings will be compulsorily renovated, so I absolutely do not expect any relief with craftsmen and materials.

The two statements don’t completely match, do they? If materials and craftsmen remain expensive in the coming years, real estate will also remain expensive. If real estate becomes cheaper, craftsmen and materials must also adjust their prices accordingly. That’s the market, that’s supply and demand. The situation where renovated existing properties experience a price drop because people HAVE TO sell for financial reasons, while craftsmen and materials remain as expensive as ever, will not exist. These things are interconnected.

Because it is a luxury good and not a necessity. Besides, you never know what will happen in the future. The parents can quickly become in need of care and then you need every euro. It's different when it comes to necessities.

Of course all of this is true, and yet I think opinions can be divided here.

My parents also gave us some money towards buying a house. Not because we asked for it, not because we necessarily needed it, but simply because they wanted to.

It made life easier for us, and as a parent I would do the same in the next generation. Of course, it can always happen that the parents become care cases, but then the children are involved anyway if the money is not enough.

The mothers offered to help us too. We gratefully declined. They have supported us our whole lives, and we are too proud to accept money like that. They should rather use it for a nice vacation or whatever :) Besides, I am an adult and financially one should be independent at that age. Yes, everyone thinks differently about that.