High construction costs with rising building interest rates

Then come over and convince the 40% AfD voters here in the district, if you think it's only about facts... don't talk, Arauki... act.

I live here, colleague, but I'm not so clouded that I reject facts. Mathematics, physics, medicine..... all hocus-pocus stuff. Read up on what the word "fact" means; it should only scare you.

... then Arauki comes, speeding in his 5 series thinking about buying a 1.6 million property

You confuse me with someone else, I already have that property and I don’t know if the 1.6 million was enough; I have to ask my staff.

in his 5 series speeding

You should allow me a little bit of class. I drive Chinese electric or Korean.

So better don’t come over, otherwise we’ll soon have 60% AfD here.

I've been here for a long time, certainly longer than you’ve been working at all. Coming over isn’t possible anyway, I have no time, I am a busy retiree. Wonderful...... I keep saying all the time, you have to use your talent on stage, throw away your obviously underpaid lolly job and get started, you will fill halls..... others before you have already managed that.

The annoying everyday life was organized away by the old lady, received a warm handshake for it, and there was talk of fair division of labor.

Chapeau! I have never felt like doing that. I love my job and wouldn’t want to just sit at home.
When the kids were younger, I worked part-time (50...75% depending on their age, each time about a year at home), but that has not been possible since buying the house.

is right though, I wrote at the beginning that I couldn’t handle buying the house today anymore. The truth is probably: yes, I could, but at the price of completely giving up the "luxury." In the end, I probably wouldn’t be willing to do that, I must honestly admit.

The truth is probably: yes, I could, but at the price of completely giving up "luxury." In the end, I would probably not be willing to do that, I must honestly admit.

Because the same house is too expensive (real wage loss), a house like back then is no longer available, and it has never worked with just one salary without compromises? This is not a criticism; among scientists, I am interested in causality.

Mainly, it is the increased prices combined with the higher interest rates. I had bought exterior walls, intermediate ceiling, and roof and then took the completion into my own hands with the help of a very dedicated site manager. The bank once gave me an allegedly current house value in the context of installing the photovoltaic system. It stated in 2023 (four years later) double what I had spent on purchase and completion. I consider that exaggerated, but I would believe 50% plus. In 2018, I got the lion's share of the loan at 2.3% interest, which was relatively high at the time. Still, today I would have to add at least 1.5% on top. The rate would be about €1000 higher. Whether the bank would go along with that, I do not know. I myself could afford it if I gave the house financial priority.

And PS: I also notice that expenses for the children have increased with their age. Clothing, class trips, hobbies, orthodontist... now take up a larger share of the budget.

PS2: By the way, I live in the Munich of the East.

Mh, I have been observing the regional market now and must say that I still find properties similar to the house, as mine once was. The prices have not gotten ridiculously out of hand, so with the necessary renovations I would come to about the same rate. What of course has become more expensive are already modernized buildings. I alone could not manage such a property. That is why I (even back then) adjusted my expectations to reality and made compromises. By the way, I live very happily and wonderfully.

The bricklayer back in 1980 or 1990 also could not afford to build a house as the sole breadwinner with children. The bricklayer himself did the masonry, his electrician friend did the electrical work, and so on. And in return, the other way around.

Whether the (unfortunately often) woman must, wants to work, and whether it even makes financial sense is a completely different issue. In some parts of Germany, it hardly makes financial sense at all, because the salary is often eaten up by the fees for the [KiTa], the usually necessary additional car, etc.

In some parts of Germany, it financially makes almost no sense, as the salary is often eaten up by the fees for the KiTa, the usually necessary additional car, etc. ..

However, pension points are added anyway, which would not have been given otherwise.