Ground lease building plot experiences?

Enlighten me! Did I miss something? Did the FED/ECB announce something? o_O

The hereditary leasehold interest amounts to 4%.
The plot has 550 sqm.
The standard land value is 190 euros.

According to my calculation, it would be 348 euros per month.

550 sqm x 190€ = 104,500 €

4% of that is 4,180€ per year.

4,180 euros ÷ 12 months are 348 euros ......

Assuming a life expectancy of 80 years, that would be 52 years and thus 217,152 euros. The plot still does not belong to me afterward ......

I understand your concerns. One also wants to call it their own and not "my house on someone else’s land." Probably, however, it is inevitable.

In total: either you keep searching for more years and pay even more or you give up on building a house and remain tenants.

And where is the big advantage compared to renting a house? You are only the owner of the house itself. However, you can only take it with you in rare cases.

Personally, I would never agree to a leasehold, since I also want to leave something to my child. But I might think differently if there were no alternatives.

For me .... I would advise everyone to get their ducks in a row, no matter how!

What are you expecting? What exactly do you want to express with your closing sentence?

What are you calculating?
What exactly do you want to express with your concluding sentence?

Probably FoMo - last-minute panic - the prices for houses on the outskirts of a metropolitan area have almost doubled in 5-6 years, now at the same interest rate level again. Salaries have not kept up with this. What comes next? Open. But more and more people are wondering whether there might already be a peak.
Banks simply don’t finance everything, and with current prices of 800,000 for simple houses built after 2000, many families are simply priced out. Without 200,000€ or more in equity and about 7,000€ net income per month, it will not be manageable. Those are today’s prices. In a year, brokers and sellers would like 900,000€ for them. So again, more buyers fall out of the potential circle. Don’t forget - these existing properties are not something high-end, but rather normal/average at the time. So nothing that a DINK consultant/lawyer couple would normally pick. They could still afford that, but would they see themselves living in such a location?
That’s the problem with book prices. You know the price was 15%, 20% lower 3 years ago. But the house itself hasn’t changed — it has only aged. If you buy now at a sky-high price, this price is fixed for 30 years, with all the risks involved in repayment and refinancing. Real estate ideally shouldn’t be this volatile. But now it is, and the question of the laws of gravity always arises — what goes up must come down.

What are you expecting? What exactly do you want to express with your closing sentence?

Sometimes you have to put your foot down! If you are only 25 years old, you definitely have more time to find your aspiration, and also to save. But if you know the (depleted) market, you should also strike at some point and not look for flaws when you know the advantages. I read something about a good location. What else could there be? A purchase plot in a worse location? Very high financing? There will very likely be no crash of any kind – not in the near future. Why is that? Are the parents advising because it was like that back then? This has nothing to do with fear of missing out.

Probably FoMo - fear of missing out - the prices for houses on the outskirts of a metropolitan area have almost doubled in 5-6 years, now at the same interest rate level again. Salaries have not kept pace. What comes next? Uncertain. But more and more people are asking whether there is now a peak.
Banks simply don’t finance everything, and at currently €800,000 for simple houses from 2000+, many families are simply out. Without €200,000 or more in equity and ~€7,000 net monthly income, you won’t be able to manage it. Those are the prices today. In a year, brokers and sellers would like to have €900,000 for that again. So even more buyers fall out of the potential circle. Don’t forget - these existing properties are nothing high-quality, but at the time normal/average. So nothing that a DINK consultant/lawyer couple would normally choose. They could still afford it, but would they see themselves living in such a place?
It’s the problem of book prices. You know that the price was still 15%, 20% lower three years ago. But the house hasn’t changed - it has only aged. If you buy now at a moon price, that price is fixed for 30 years, with all the risks in repayment and follow-up financing. Real estate ideally shouldn’t have such volatility. But now it does, and the question about the laws of gravity is always present - what goes up must come down.

I heard and read all this 5 years ago. Just because an average person no longer wants to afford a house because they know what the house cost 4 years ago, doesn’t mean someone else doesn’t want to buy it. There are plenty of solvent buyers. Everyone else who doesn’t want or can’t afford it has to think of something else.