Financing scope for construction planning - assessment and experiences?

On the other hand - as long as we don't have anything new yet, we can also save 20k per year.

The 20,000 more in equity each year exactly cover the price increases of the land, building materials (house), and craftsmen costs. Especially in already expensive areas today, an annual price increase of 4-5% is unfortunately "normal." In this respect, saving for a few years on this scale would not really help. Sad but true.

The additional 20,000 in equity each year exactly covers the price increases of the land, building materials (house), and labor costs. Especially in already expensive areas, an annual price increase of 4-5% is unfortunately "normal". In this respect, saving this amount for a few years would not really help. Sad but true.

For land in sought-after locations, it feels like even more.

That is a difficult forecast. On the other hand, no one knows how rising interest rates will affect it. One of my colleagues from the [specialist department] construction financing once told me that it doesn't matter when you buy; now the prices are high and the interest rates are low, 20 years ago the prices were low and the interest rates were high. It may sound a bit offhand, but he's not entirely wrong. Basically, I also believe that waiting can backfire. Anyone can calculate what a 1% interest rate increase means for a €400,000 loan.

Let's leave the interest rates aside, just the land, building materials, and craftsman services become 4-8% more expensive per year. That directly eats up the savings rate. The earlier you start, the better (my general statement, which has at least been confirmed over the last 10 years).

We have also had falling interest rates for 10 years

But basically I see it exactly the same way.

The interest rate turnaround is just around the corner
Whoever believes that...