Home financing ever possible? Probably not!

The properties have value because they are bought and sold at these prices. That you think they are only worth half is your problem. Presumably, you also believe that you should receive twice as much money for your work. If you want to be (financially) freer (in the long term) you have to work more, start a company, manage well for many years, and be frugal. Then you can reap the benefits in the long term. But you also have to be willing to take the risk. I can't listen to this whining anymore. Everyone wants everything but is not willing to provide more performance and take risks. It is always someone else's fault or the state should fix it.

Now even financial esotericism.

Something like the "real" value of things calculated in money does not exist. There are only prices and the question of whether you want/can pay them or not. Things cost what they cost, and if the market finds them too expensive, they will not be sold, and later the prices will adjust again.

This applies exactly the same to real estate.

Are you a gold bug who thinks that if a house used to cost 1000 gold coins, but today costs 1500, the real value of the house is no longer reflected by the price?

So the fact is quite simple that if my neighbor decides to sell his house for €600,000 (which he bought 4 years ago for €300,000), that is his sole decision, which no one forces him to make.
But okay, maybe I just don’t understand esotericism.

That has nothing to do with esotericism. If the gold price should collapse and your bars are worth less, you can also believe that they are worth more. You still won't get more.

The fixed interest rate period and remaining debt are known in advance, and then you simply calculate what happens with 1, 2, 3,...10% interest and make a decision.

Of course, everyone knows when their personal fixed interest period expires, but no one can know whether the base interest rate will keep rising. From this perspective, many people shouldn't even buy, but they do it anyway. As I said, for many there will be a rude awakening next year with their home, and many people will have to say goodbye to it (I am shocked that this is not a topic here and is denied in the forum).

This has nothing to do with esotericism.
If the gold price should crash and your little bars are worth less, you can still believe they are worth more. You will not get more, though.

But gold is recognized as currency and there is a clear price for it.
Real estate prices are always arbitrary, even if there are reference values for the price per m2 depending on the district you live in.
It is not like you can compare houses with gold, but sure if you think so.

I am also a supporter of the distinction between an intrinsic value (which only changes slowly) and the price that constantly fluctuates. But if both diverge too much, then you don’t benefit from not buying. Let your neighbor sink 300k, you have saved that and can continue to rent cheaply.