Future development of construction costs

What will have a cost-dampening effect in the future

The example of Ytong +8.5% illustrates that the company achieves 8.5% more sales and presumably a similarly high profit increase. That’s the annoying thing about inflation: what we pay the craftsmen and building material suppliers "more," they can also spend "more." People always have more money at the end of the day to pay the higher prices.

Also clearly visible with the increase in the minimum wage: a haircut becomes more expensive because the hairdresser earns more. The baker therefore makes his rolls more expensive so that A: he can still afford his haircut and B: the hairdresser now also earns more and can afford more expensive rolls. Result: the hairdresser is as poor as before and the minimum wage is raised again.

A spiral in which there is guaranteed to be no "dampening;" a weakening economy even promotes inflation.

We are at the end of an economic cycle. Now it's time to take your money and run.

I completely agree. Next year, the stock markets will drop more significantly, and then you can gradually get back in...