Home financing ever possible? Probably not!

I consider our rate for the time being as rent to the bank. For the freedoms we've gained around the house/living, I just have to cover everything else that comes with it. .... so to speak bonus rent and in twenty years we can still decide whether we want the "saved up" rent back, meaning sell, or if we want to stay here. It is a house, so a utility item and partly also a hobby. And that costs money....

I think there's a lot of positive emotional aspects as well. I rented a detached single-family house with a garden for almost 10 years. I believe in the one full year in our own house I worked more in the garden, planted, and made it cozy than in the 10 years of renting combined. It always had the undertone of "I can't take this with me," every plant I would have put in there would have belonged to the landlord afterward. My motivation just wasn't high, even though I would have liked to have it nicer. In our own home, I was fully motivated to make it nice for myself.

Morning,

first of all, I have to thank you for this very entertaining thread. Don’t get me wrong, I don’t want to make fun of you, but this is a nice relief among all the technical topics. No idea how someone gets such an attitude, it’s pretty frustrated and sounds a bit stuck. If you take the 1.5-hour drive, I’ll pay for the beer and show you a few other perspectives.

We all work hard, few get anything for free, you are the architect of your own luck.

Why do you actually want a house? If you don’t want kids, why build wealth then? Stay renting, enjoy your life, spend the money, and when you’re old and need care, let the evil state pay for it. If you buy a house and work your whole life for it, in the end the municipality gets it, that can’t be your goal.

If everything here is so bad, the money goes to refugees and so many are supported except the middle class, why are you still here? There are so many beautiful countries with better weather than here, there are jobs there too. I’ve been to many countries, there are even some where you don’t have to pay any taxes and keep all your money for yourself. But there you also don’t get support if you can’t work or need medical help, instead you get a fat bill and if you have no job or money, your visa ends 14 days later and you get kicked out.

You can discuss this topic endlessly. I don’t know about your horizon (not meant offensively or derogatory) but I can tell you that we (including the working ones!) have it pretty good in Germany and really shouldn’t complain. I have seen a lot of misery and suffering in the world, there are billions of people who would gladly be in your shoes.

Regarding the aspect that soon many people’s financings will blow up because interest rates are going so insanely high. That’s nonsense, there will be a few individual cases. Because salaries are rising right now, it’s not that bad. You just cut back a bit or extend the term, but many more solutions will be found than failed follow-up financings.

But you really have to slowly understand the prices. Just because I don’t see the point in paying €30 for a bottle of Fiji water doesn’t mean it doesn’t have that value. There just has to be someone who pays it. Accept it and buy what matches your values. If you find nothing there, your idea is simply out of touch with reality.

I also find fuel too expensive. Either I don’t drive at all, cycle, or just pay it. It’s simply not “wishful thinking” but “how it is.”

Since I don’t believe you’re coming for a beer, here’s the tip of the week: Don’t blame others for your situation, but take matters into your own hands and do what you enjoy. You have so many levers you can turn. Increase your income, keep renting, look elsewhere, hope for better prices, save in other places, whatever. Stop envying others, there’s always someone with a bigger place and a fancier car. Greetings from someone who drives a 15-year-old car with over 400,000 km on the clock because he invests the saved money in the house.

Always smile!

A human being is not a piece! But your numbers are probably correct. Regionally certainly with small differences but negligible. The reason probably lies here: Most of the migrants ARE NOT allowed to work or it is absurdly difficult! I am involved (but really only a little bit with donations) in a local organization and have previously had contact with these issues since my siblings have taken in / had refugees or migrants in their houses or rented apartments. But I am not all-knowing and also an amateur in this regard. The above is, as always, only my personal opinion.

Why do you actually want a house? If you don't want children, why build up wealth then. Stay in rent, enjoy your life, blow the money, and when you are old and in need of care, let the nasty state pay for it.

I like that point.
Maybe that's the thought-provoking nudge the OP needs to just buy a house after all, which costs 600k but is only "worth half". That's great then.

I don't even want to imagine how the OP will whine later when the house is used for care funding. And that will be carried out by a court-appointed guardian :D

A person is not a piece! But your numbers are probably correct. Regionally certainly with small differences but negligible. The reason is probably this: The majority of migrants are NOT allowed to work or it is absurdly complicated! I am involved (but really only a little bit with donations) in a local organization and had previous contact with these issues since my siblings had taken in refugees or migrants in their houses or rental apartments. But I am not all-knowing and also an amateur in this. The above is, as always, only my personal opinion.

You are right, people are meant. But you are wrong about the work, an asylum seeker is allowed to work after at the latest 9 months. In the best case even after 3 months. Under certain conditions. Probably there are also some pitfalls here again. Persons from safe third countries like Bosnia etc. are not.

You are right, people are meant.

But you are wrong about work, asylum seekers are allowed to work at the latest after 9 months. In the best case, even after 3 months. Under certain conditions.

But presumably there are also some pitfalls here again. People from safe third countries like Bosnia, etc., not.

if you briefly deal with the asylum and/or immigration policy of DE you quickly realize that not everything is really good. Except for our approximately 400 km EU external borders towards Switzerland and Liechtenstein, we have no possibilities to directly accept asylum seekers. That's why they all actually come from safe third countries (I will leave out the theoretical parachute jump of an asylum seeker from a non-EU country from a flying plane). The rest can be made up. Nevertheless, I am not one hundred percent happy with the asylum and/or immigration policy of DE, but rather in a diametrically opposite direction than communicated by the OP.