Depression after notarized contract - experiences

  • Erstellt am 2021-09-02 08:39:37

Hausbautraum20

2021-09-04 08:20:47
  • #1


Yes, I also felt fooled in the Munich area, when a 300sqm plot already costs 500,000 and you have to get one of those first...
For the detached bungalow with garage, you need the 800k just for the land alone.
 

doubleTT

2021-09-04 09:07:53
  • #2
300sqm of land is huge for a townhouse since no space is lost to the neighbor. But why was the bathroom planned without a window? That should be possible even in a townhouse, right? Are there expansion possibilities in the attic? I rejected a house of a similar price range because I didn’t want to deal with the bathroom and the children’s rooms were like tubes. I felt really bad after the rejection. But there are always alternatives. You took the step. You had weeks to think about it until the notary appointment. Therefore, it now makes more sense to go through with it. You will settle in and it will probably be the best decision of your life at some point. My advice would be to exchange ideas with other builders in the area, focus on the next step, and undergo psychotherapy that examines your perfectionism and beliefs. Because there is no going back to the old world. That will also leave its marks. So work forward on yourself for yourself. You are not alone with such problems!
 

Durran

2021-09-04 09:21:39
  • #3
Well, I also touched on it here once. Tying oneself to such a burden for over 42 years is quite intense. You can argue however you want.

Over the course of life, circumstances, living conditions, and interests change nowadays. That's just how it is.
In view of such prices, a construction project in the southern German or other metropolitan areas can simply be forgotten. Either you adapt and go where you can afford it. But that requires courage and flexibility. Or you remain stuck and wait for better opportunities. The problem is the long cycles in the real estate business.

From an inflationary perspective, it is quite possible that the house of the thread starter will cost 1 million next year and 2 million in 2 or 3 years.
 

Tolentino

2021-09-04 09:49:18
  • #4

Nonsense.


And that's exactly why the first part is nonsense.
 

BackSteinGotik

2021-09-04 10:30:27
  • #5


Why should that be nonsense? The bubble topic is now very present and little is currently rosy. If you buy now, it should simply fit quite well – in terms of features and price. Because exiting "on the way" during the 40 years can be very difficult if you are not financially absolutely secure and very strong.

If prices can double in less than 5 years, and the annual increases are now getting bigger and bigger, they can also collapse very abruptly. The last ones will get the short end of the stick – only whether they bought in 2021, 2022, or still in 2023 is still open.

The idea that interest rates can never ever rise again is just an idea. Should they, which is completely within the realm of possibility, reach a higher level again in 10-20 years, prices will move significantly downward across the board accordingly. In addition, demographic change will hit very hard in at most 10 years. It is already doing so in the labor market. And houses are after all just places to live.
 

Tolentino

2021-09-04 12:18:12
  • #6
He is neither tied to the house for 42 years - which is really nonsense with extremely weak grounds - nor will the house, once move-in ready, more likely be worth only half. But yes, that is also just an opinion, that’s true.
 

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