Future construction cost development in the next 3-5 years

The beginning of a new digital age will, in my opinion, take a bit longer. To stay on the forum topic: just google "BIM", what industry and politics claim about it is laughable. Not only does it already fail due to a lack of standards for cross-software work, most people can't use much more than Excel and Word.

I think that construction costs will continue to rise even if the construction boom slows down. Craft businesses have difficulties finding young talent and successors. This makes good craftsmanship services scarce and thus expensive, even with declining construction enthusiasm. Possibly, additional programs for energy-efficient renovation will come – the topic of insulation is soon "done" – I consider a new photovoltaics initiative for renovations with a focus on self-consumption likely. That fills the order books of roofers and electricians. I see real estate prices giving way somewhat in the near future if the economic situation does not prove to be just a bubble.

In my opinion, the advent of a new digital age will still take some time. To stay on the forum topic: just google "BIM," what is claimed by industry and politics is laughable. Not only does it already fail due to a lack of standards for cross-software work, most people cannot use much more than Excel and Word.

I also believe that digitalization will take a long time. In commercial construction, BIM will establish itself in the next 2-3 years from my point of view. The interface issues will improve. For some of the products I manage, we already have BIM models. Now it is still about the big topic of the level of detail. In the UK, they are already further ahead with BIM. In pilot projects, you have to work through the teething problems and learn from them. Then, in my view, it will quickly become widespread. Those who lag behind will have a problem. As the saying goes: If you don't keep up with the times, you will be left behind!

It’s not just about the dying automotive industry... two-thirds of service jobs will also no longer be needed. Lawyers, medical diagnostics, programmers, bankers, consultants (tax, etc.) and so on and so forth...

With increasing digitalization and technologization, everything just becomes more complex, not simpler. Has bureaucracy ever disappeared anywhere without increasing somewhere else? Since when has the paperless office era been promoted? The 80s? With computers, it has actually gotten worse. Maybe bureaucracy is simply a constant at the level of barely tolerable. I am completely relaxed about my professional future and the future in general.

Only very few want to commute

In sentences like this, it is regularly ignored that there is indeed work in rural areas. I hardly know anyone here who commutes more than 15 minutes. Within this time, however, you cannot reach a town with a population beyond 20,000 here. Consequently, most people here work in companies in the villages or at all the jobs that (except in very structurally weak regions) also exist in rural areas, such as schools, daycares, pharmacies, supermarkets, municipal administrations, etc.

The other way around: If Vodafone builds a campus for several thousand highly qualified people in Düsseldorf, then they also have to live somewhere. Within a 15 km radius, property prices become more expensive. The financially strong employees buy into the region. Add ERGO, E.ON, and several others within the 15 km radius, and the prices rise. This has nothing to do with the fact that there are also many good jobs in rural areas. The price development is the response to a concentration of high earners.