Error in financing?

As I said: this might not apply for a new build.... I already wrote that above. Certainly not for a fancy old villa either. But definitely for a modest average existing single-family house compared to an average multi-person apartment in the city. And I am definitely talking about an urban area (in my case Wiesbaden, one of the most expensive cities in Germany).

And the existing property does NOT have SIGNIFICANTLY higher additional costs than an equivalent rental apartment?!!! I’m about to fall off my chair laughing... that this fairy tale of "saving money with ownership" is still going around... *shakes head*

Ownership (whether new or existing) is a luxury and costs almost 100% more than a rental apartment. Let someone prove the opposite to me first...

As I said: this may not apply to a new building....I already wrote that above. Certainly not for an old, grand villa either. But certainly for a modest average existing single-family house compared to an average multi-person apartment in the city. And I am definitely talking about a metropolitan area here (in my case Wiesbaden, one of the most expensive cities in Germany).

Well – when I think back to the phase when we were still looking for existing properties in the Trier area (which I would only tend to describe as a metropolitan area – but with immediate proximity to Luxembourg), I want to file an objection here.

The prices called for used properties (run-down houses from the 50s to 70s) – so without including renovation costs yet – were sometimes only slightly below the prices for new builds (including land). Maybe 10 or max. 20% lower. Add renovation costs on that and you already had your new build in your pocket. After a long search, when we finally came to this realization, we decided on a new build.

But it really depends on the residential area. In Haldensleben, Hettstedt, Querfurt or Sondershausen, your scenario will probably actually apply (residents of the mentioned small towns may forgive me for having used their place names as examples).

Property (whether new or existing) is a luxury and costs nearly 100% more than a rental apartment. Someone would have to prove the opposite to me first..

already did that - using her example.

Hat doch gemacht - anhand ihres Beispiels .

She didn't. I can't compare a "small" apartment with a "large" house. Such nonsense..

She didn't. I can't compare a "small" apartment with a "big" house. Such nonsense..

I would understand the statement if she compared a big apartment with a small house.

I would understand the statement if she were comparing a large apartment with a small house.

true Still nonsense.. a house is always more expensive than an equivalent apartment.