Financing comparison: past vs. today

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

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

So we really know quite a lot of people our age (30-35) who have already received substantial subsidies.

Example 1: Middle class. Each got 100k in cash from both sides as an early inheritance because the parents had already paid off their house for a long time and had some extra left over.
200k more definitely helps.

Examples 2, 3, and 4: Plot of land from the family
(Value: 500k and up)
Twice building in the parents’ garden, once farmland turned into building land.

Examples 5 and 6: Inherited farmhouse from grandma.
Value of the fixer-upper in the Munich surrounding rural area thanks to 3000sqm/14,000sqm of land in the million-euro range.
Some sold and built new, others completely renovated.

Example 7: Grandpa built a simple semi-detached house himself (back then in the middle of nowhere) as an investment property. One of the grandchildren was gifted the almost 40-year-old semi-detached house and sold it for 750k. Grandpa still lives in his own farmhouse, which will soon be inherited as well, since Grandpa is now 93.

Example 8: Took over grandma’s house worth 800k. Since there are 4 grandchildren, 600k had to be paid out, but at least 200k equity was already there.

Example 9: Mother and aunt inherited 2000sqm of building land in Wolfratshausen. That will be sold (3 million??) and will provide the grandchildren with equity.

Examples 10, 11, and 12: Parents own their own company and correspondingly have real estate as an investment. The children received them as gifts (partly only half, but that still means 400k gifted).
One of these couples of friends, for example, was gifted half the house (thus under the tax exemption limit) and transferred 400k to their brother.
They had saved 100k equity. Of the 300k loan, 200k is still outstanding after 5 years. Now the house was sold for 900k and their equity amounts to 700k. With that, you can finance a house for 1.2 million at age 35, which makes some high earners wonder how that’s possible.

So in our circle, the vast majority have received a gift/inheritance. It can’t be any other way because you can’t get your own house here under 1 million and financing 1 million is not possible for the majority.