Does a student get credit?

Without a fixed income, there is no loan. And certainly not with a one hundred percent financing, where the property is not valuable due to falling property prices. An [ETW] for 20,000 euros. But it doesn’t even include heating, does it? Forget it. Otherwise, you won’t have time to study because you’ll have to work to pay the installment and your living expenses.

Credit crisis in the USA

first save then buy. my very personal opinion and basic attitude towards life. the self-made crisis in America confirms this impressively!

...well, if he gets this money as a loan, maybe the parents/grandparents are also willing to guarantee for him at the bank or at least for the part of the equity, then the purchase would certainly not be a bad investment. If the apartment (of course with heating, I have never seen a condo without) is in good condition, it would also be easy to sell again after the studies.

He has already mentioned that in K`lautern the rents are about the same as the installment payments for the loan. This is often the case here. Especially since the loan term here would not be 15 or 20 years, as with building a house.

The city is full of students looking for apartments, professors, and other staff, plus nurses/doctors from the hospital and the new Fraunhofer Institute also has a constant need for housing. Apart from the many software companies around the PRE Park. So, just talk to the bank and if it works out, buy!

I definitely wouldn’t take out a loan during your studies unless it’s really an emergency. Because when you finally start working after university, you won’t have any of your money left since you still have to pay it back.

Yes, I also think that if it is not absolutely necessary because of an emergency, one should rather avoid taking out loans. Or at least think very carefully about it, weigh the pros and cons, and consider how and when everything can be paid back, how much it ultimately costs.

Hey! I agree with most people here! Why do you want to put yourself through that, take out a loan and buy an apartment?! We are young, a lot can still change! Who knows, in a few years you might want a house, emigrate, or something else! What will you do with your apartment then? Sell it again? It's all way too much hassle! There are much easier solutions!