TmMike_2
2022-05-06 20:04:27
- #1
One must clearly state that the median prosperity increased significantly from 2000 to 2020. Many things were deflationary, but money was spent on new gadgets. From 2010 to 2020, construction costs increased by 3-4% annually, while mortgage interest rates fell at the same time. No comparison to a construction project in 2022, which became about 50-60% more expensive than 2 years earlier (construction costs + financing combined) over the monthly repayment. This development is quite unique.