Experiences buying a house without equity?

Only the inflation will not have been at 2% in the meantime, because a real interest rate of 6% is not sustainable for an overindebted society like today's.

Haha.

I already heard that here 5 years ago, just shouted out with values of 3-4%.

We are all still alive and not bankrupt, right?

Haha. I heard that here 5 years ago, just shouted out with values of 3-4%. We are all still alive and not bankrupt, right?

You are confusing nominal interest rate and real interest rate. 4% nominal interest rate and 10% inflation – nothing better could have happened to the states. It is also the reason why inflation is at best half-heartedly fought and why, in my opinion, one should strike at any time currently at 4% interest.

Short update, a salesperson from a not unknown prefabricated house provider contacted me again, apparently wants to keep me on the hook (I had conversations not only with Town & Country). Usual stuff, building is always getting more expensive, now or never etc. - of course. But explicitly, he also addressed the topic of property transfer tax. He said he had already had over 100 houses built (Hessen), and in most of them the land was acquired by third parties but through their mediation - basically tied deals, as I have read here several times. And NEVER was property transfer tax paid on more than the land. He referred explicitly to Hessen, in Bavaria it is different, for example. Are there people among the valued forum participants who can clearly confirm or refute this? Thanks

Referred explicitly to Hesse, in Bavaria it is different, for example.

... and, what do you think, what his colleague in Bavaria says.

And NEVER was real estate transfer tax paid on more than the land.

Ask him where he knows that from. The collection of the real estate transfer tax happens after the house is built. The seller is out of the project anyway after the signature is made.

Just ask where he knows that from. The demand for the property transfer tax happens after the house is built. The seller is out of the project anyway once the signature has been made.

Yes, that makes sense…
But it is still strange, 4 different providers and all 4 say the same thing (the one I am referring to was the most explicit). If they then all more or less consciously lie to you with misinformation that can end up costing an unsuspecting builder dearly (house finished, money largely spent including equity) and bam, a letter arrives demanding not, for example, 10,000 but a whole 50,000 EUR – that can be the last straw that overwhelms the “victim.”