Financing comparison: past vs. today

So far until recently, the rundown 70s houses in the rural area were pretty much snapped up for ~400,000€. With rising interest rates, something is probably starting to change.

Here, they were listed more around 270-350k or even less for months on the internet. I still find some that were already listed over a year ago and still haven't been sold.

The regions are simply different. Southern BW is less shaped by metropolitan areas and more by a medium-sized economy that is everywhere.

For that reason alone, a 100% inheritance tax would be fair. Tax exemption, let's say 10 average annual household incomes? However, the heir may decide that the tax alternatively goes to a charitable purpose.

This can only come from a non-heir, right? In my opinion, any inheritance tax should be forbidden! weren't you about to buy a house during the low-interest phase? Why didn't you go for it?

I always wonder, who this inheritance generation really is. I mean seriously: which current generation is meant? The 60-year-olds today? I know exactly one couple of that age who have built (without inheritance). Everyone else either already owns houses or also has no inheritance and rents. Or the 30-40 year olds today whose grandparents left an inheritance? Usually here (if at all) it’s not money amounts, but real estate in need of renovation. These are either renovated and used themselves or sold, but since we are in the countryside here, definitely not for half a million

Due to regional reasons, we unfortunately live in a millionaire bubble. We thus have friends and colleagues who receive gifts in their mid-40s, for example, to pay less inheritance tax later. Among other things, rental houses passed down from the grandfather who, as a craftsman, invested his money in a property and thereby laid the foundation for wealth for the family. And some meadows have since become very, very expensive building land. And some also have the misfortune that their parents died early. It is quite shocking how many people still die of cancer or strokes even today.

That can only come from a non-heir, right? In my opinion, any inheritance tax should be banned!

weren't you about to buy a house during the low interest rate period? Why didn't you take the plunge?

Yes, we have been looking for more than three years now. Unfortunately, it doesn't help me if I get interest at 1% but the purchase including renovation costs 1 million :) we had 2 real buying opportunities, but unfortunately it didn't work out.

Yes, we have been looking for more than three years. Unfortunately, it does me no good if I get interest at 1% but the purchase including renovation costs 1 million :) we had 2 real purchase opportunities, unfortunately it didn't work out then.

Shame Now it is almost impossible in my opinion For us, nothing would be possible anymore right now