Home financing ever possible? Probably not!

By the way: Not everyone here in the forum has a designer single-family house. We couldn't afford a new build in 2013 (at least not one we wanted), so we bought a house from 1930. We have leaky roller shutter boxes (but guaranteed minimum air exchange :D), a kitchen from 1974 (9 years before I was born), and live here very, very happily.

My point is: Think about what you really need to live happily and then see if there is a way to achieve that.

Rather, prices are rising here, at least for apartments for rent and for sale, due to greedy real estate agents, investors, and entrepreneurs as builders. They arbitrarily increase the prices.

I would like to remind at this point that every speculator sooner or later needs someone to buy the speculative object from them at the high price. Or put differently: speculators can only drive prices up if demand significantly exceeds supply and the situation keeps worsening. If we get political, we should therefore not ban any symptoms but simply adjust supply to demand. This is the most thorough way to take the ground away from speculators.

Hello again,

I would like to address a few points once more:

On the topic of equity:
It is available. My partner and I used a very high five-figure sum two years ago to buy precious metals and protect the money from devaluation. So the equity we have is not available in the account, but of course, it could be made "liquid" again. (And looking at the current inflation, that was the right decision.)
However, at these prices, it is just a drop in the bucket.

It was also written here that there is no natural right to homeownership for everyone.
Yes, that's right, I would initially see it that way too.
However, it should actually be a given that *if* a person works all their life, this must be possible. Or can it be seen differently? In my eyes, this has something to do with (intergenerational) justice. What about the great "prosperity promise," or does that only apply to people over 60, whose pensions I am currently co-financing, even though I personally have nothing from it?

Just by the way: When my parents die later, I will not inherit property or anything else. What my partner and I have, we earned ourselves.

It was also written that foreigners have nothing to do with the housing market.
This is wrong.
By the way, it is not only about poverty-related immigration but also about wealthy foreigners who buy real estate in big cities because they are looking for a good investment (which in my opinion should be banned).

Regarding poverty-related immigration: Of course, more people = more required living space and price pressure. And in my view, it is often forgotten that if these people were not here, the money spent on them could be used to relieve the native population.

And as I wrote yesterday: It is simply the case that employees have to pay their rent, while people who do not work do not have to. This initially has nothing to do with homeownership but is a fact. It is just money missing every month (which others practically get for free because they do not have to pay for their living space, and currently, there are more and more people who fall into this category).

Germany is the country with the highest state quota worldwide, while in other countries people have more left from their salary. The homeownership rate in Southern European countries is also much higher, which is also related to the fact that people there simply have more every month.

I'm sorry to write all this, but for me, it is reality; by now, I have simply resigned and am angry. As I mentioned at the beginning, my post is purely a frustration post, and no one has a solution because the situation is omnipresent and known to everyone anyway.

Oh dear, what a whining.

Without immigration, there would be no one left to build our houses. I can say this from experience with my own house construction and also because I know some owners of medium and larger craft businesses who simply can't find employees without immigration.

And that is just one example. I won't even start on care and cleaning staff.

So let's get to the point.

How much equity do you have? Bills have been split here.

Why haven't you bought a condo or a semi-detached house in recent years??

With 600k you could have gotten a lot. So why not?

Good , so this is just a pure whining thread. Because for 500-600k you can get something in your area, but you just want to complain.

If the state quota is too high for you and the homeownership rate too low, there is a solution for both problems at once, you will surely figure it out.

And no: working your whole life does not entitle you to a home. That would be socialism and you already find the state quota too high, so your attitude is inconsistent, you only want what benefits you.

Therefore: pure whining, I hope you wake up someday and sit on your own four letters (get your butt up) and stop always blaming others for your problems.
That is the path to a self-responsible, satisfied life.

And then it is such that the entire housing market (and this is not only about owner-occupied homes, but generally about housing) is further heated up by the whole mass immigration, because locals effectively compete on the housing market with foreigners, even if politics of course tries to portray it quite differently.


Thanks for reading!

Well, now foreigners are to blame for you not being able to buy a house.

What kind of world do you live in? You are not better than people from anywhere else, that should be clear to you but no, apparently not.