Good offer for a young family? Buy yes or no

If I manage to save, for 10 years and really reach 150k, my wife works again, for example 70%, and we really have a nice income together, the situation looks completely different again. Better interest rate etc.

But then comparable houses are more expensive than 150,000€

And if you’re not allowed to treat yourself to something for 50€, then something is just wrong^^

That definitely has to be possible.

Honestly:
I don’t want to be stuck in your "dilemma" now.
Whether it is right or wrong you will unfortunately only find out later.
Regards Olli

A target of €150,000 in equity in 10 years, but starting with our €35. That would actually also be about the additional costs we would have if we bought the house.
If that’s not realistic, then such a house is not feasible.

But we first have to try whether we can save, for example, €11,000 per year. If that doesn’t work, then the house won’t work either. Simple calculation.

But the calculation is somehow nonsensical.
You assume that a comparable house will cost the same in 10 years as it does today. Possible. But from today’s perspective very unlikely.
Much more likely is that the house will then cost the current market value (how much is that actually now) * multiplied by the annual price increase.
Assuming the house is worth €600,000.
And houses get 3% more expensive per year.
Then in 10 years you’re at over €800,000.

Congratulations on the saved €150,000. Then you have a financing sum of €650,000. And 10 fewer years to pay it off.
That certainly won’t work out.

Then there’s also the cold rent you pay for 10 years.

Don’t get me wrong: you seem happy now in the apartment. If that’s conceivable for the long term, there’s nothing against it.
But at the beginning you wrote that you often walked past the house and had already thought about putting a note inside. That doesn’t necessarily sound to me like you weren’t interested in buying the house so far.

Yes, but Davin, you can't just assume that prices will continue to rise. I rather believe that we are currently at a peak and that at some point it will go down. Some say that buying a house in 2020 and thus also 2021 was quite a dumb thing to do... Under 1% is not possible with so little equity.

Yes, but you can't just assume that prices will keep rising, Davin.
I rather believe that we are currently at a peak and that it will eventually go down.
Some say that buying a house in 2020 and therefore also in 2021 was a pretty stupid thing to do...
Below 1% is not possible with so little equity.

Yes. And many thought at the beginning of the Corona crisis that real estate prices would stagnate or decline. The opposite happened. Price increases like not seen in years...

I also currently see no indicator why house prices should fall. Here in the Rhineland (certainly not better where you are) there is a triple-digit list of interested parties for every available plot of land. Every good property sells like hotcakes.
We know dozens of people just in our circle of acquaintances who are all searching but not finding anything. I currently see no indicators that demand is declining. Supply is also not increasing disproportionately.

I also see below 1% as unrealistic given the conditions..

Eventually the market is saturated, isn't it? I have read that due to demographic change, the market will be oversaturated in 2025 and prices will definitely fall then.

At some point the market will be saturated, right? I’ve read that due to demographic change the market will be oversaturated in 2025 and prices will definitely fall then.

2025? That’s in 4 years. Then a lot of property owners would have to die suddenly to satisfy the demand. Hopefully, the corona crisis won’t be that bad... ;)