Does the real estate market increasingly force more families to build?

...and we have rural exodus. Cities have an influx, restricting the supply. Rural areas partly have an oversupply of housing. K.

I see it like this;

Nowadays, only people who earn accordingly (> 7k monthly) or those who have never earned well and never will can build. Because they now take out a loan, pay the installment until they can't anymore, and then it gets sold. Done. Until then, they have (hopefully) lived well in the house and enjoyed it.

Those who build now with combined salaries of up to 5K, and that too for 450k upwards, I wish a lot of luck and even more perseverance.

You have to be lucky when searching for houses. BUT, you can influence luck just a little bit. For example, on sunny days, just get on your bike and look around in house regions and be sociable. If you see a house that is taken over by a completely overgrown garden, you can just ring the doorbell. Because often there lives a person who, due to their age, cannot take care of the house and garden. Something might come of it... (I speak from experience).

Well, I’ll break it down like this. Friends of ours live in Hamburg Rahlstedt in a 100 sqm condo in an old villa. With a yard and parking space and carport and some lawn and so on. Good area, not Elbchaussee but also not Barmbek Basch Habichtstrasse or even Jenfeld.

Hi Karsten, you probably haven’t been in Barmbek for a while... Because households with around 5K net monthly haven’t been able to buy an apartment there for a long time.

The train station was/is being rebuilt, the AK-Barmbek site (Quartier 21) is unaffordable, and some demolitions are coming up soon on Fuhlsbüttlerstrasse, and then unaffordable apartments will be built there again.

So, Barmbek is no longer affordable due to its proximity to the Stadtpark and City-Nord (many employers) and because of the optimal public transit connections. Rahlstedt is much cheaper because it is further away and public transit is rather suboptimal (relatively). Just as a side note.

Now only people who earn accordingly (> 7k monthly) or those who have never earned well and never will can build.

I don’t see it that way. It always depends on where and how you build. At least outside metropolitan areas, it is quite possible to build for under 400k (depending on land prices, including land) and with current interest rates, you don’t need 7k/month to pay it off, unless you are already close to retirement.

I don’t see it that way. It always depends on where and how you build. Outside of metropolitan areas, it is quite possible to build for under 400,000 (depending on land prices, including the land), and with current interest rates, you don’t need 7,000/month to pay it off, unless you are already close to retirement.

Exactly. All inclusive, we are at 316,000 euros (land 484 sqm, prefabricated house 120 sqm, 15 minutes to Kassel). Maybe it will be a bit more, but we will certainly not exceed 350,000.

This is how I see it;

Now, only people who earn accordingly (> 7k monthly) or those who have never earned well and never will, can build. Because they now take out a loan, pay the installment until they can no longer do so, and then it gets sold. Done. Until then, they have (hopefully) lived well and enjoyed the house.

Anyone who builds now with combined salaries of up to 5K, and that for 450k upwards, I wish them a lot of luck and even more perseverance.

Every time I read comments like this, it feels like I live in another world up here. Maybe that’s why we in Schleswig-Holstein are always number 1 in the happiness ranking of Germans...

In our village, for example, 3 single individuals are currently building a house with under 2k net income...

SH and MVP are different.- We have a lot of land, few people, hardworking illegal workers, and the will to build houses. It is really like this: in our settlement too, dozens of people with very normal to small incomes, smaller houses, a lot of own work, a lot of help among each other, and something is happening.