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

I don't understand why you can't simply deduct the mortgage interest for tax purposes like in Scandinavia. As a pension expense. You can claim every silly apron, every professional kilometer, every liability insurance, but not the house loan interest. Unless it's a rental property, then yes. Absurd. K.

but the mortgage interest does not. Unless it is a rental property, then yes. Absurd. K.

Fundamental agreement. The unequal treatment makes no sense.

However, I believe that the tax burden has been effectively shifted downwards for a long time anyway, thanks to bracket creep. I would rather advocate addressing this and eliminating this grievance. But then Lieschen Müller wouldn't have so much to deduct - whereas the high earner with the villa can really benefit.

It would be better to generally disallow interest deductions and instead significantly raise the tax allowances. That would also be better than all that Baukindergeld nonsense, just cosmetic surgery on a cancerous patient.

The primary beneficiaries of the [Baukindergeld] are buyers of existing properties in rural areas. Tendenitally, it will likely lead to further rising construction costs, as construction companies will correspondingly try to enforce cost increases.

The challenge in building or buying a property for personal use for many families is that existing equity is tied up. Equity that would actually also make sense for later retirement provision, e.g., invested long-term in stocks and ETFs.

Very few home builders then have enough money left to reasonably provide for old age. And owning a house is nice, but rarely a truly suitable retirement provision, since a kind of second rent is always incurred.

Yeah, Thierse, then we'll note for you that everything is stupid. Buying a house is stupid. Renting is stupid. So what would your solution be?

Halving the real estate transfer tax, lowering energy standards for new buildings to an affordable level, more social housing, reintroduction of the old home ownership allowance and tax incentives for home ownership....

No, I mean, what is YOUR solution. Not what others/the state should do for you. Because you will have to make a decision about something at some point, and under the prevailing conditions.