How is the construction boom? Still there?

My impression is: uncertainty is at a record high, but even people who are very anxious about inflation do not question their attitude that an owner-occupied home must be a full fifty percent larger than what they could afford as tenants. Grandchild landowners are still waiting to see whether property tax surcharges on building gaps will become a symbolic reality or a real sales pressure. The undersupply of moderate prospective builders with land in a tolerable commuting area seems to remain stable in the same demand-supply ratio. In municipalities with particularly strong oversubscription of municipal offers, this apparently decreases, and increasingly the tolerance of (derailed) building obligations is likely becoming more lenient. The land developers specializing in fallow land apparently go into hibernation mode: ongoing projects are continued with unchanged tenacity, but new ones are not being started. Near my regular routes there is a campus (see ) with mixed development (C-location semi-detached house by the developer, the rest marketed by the old owner scattered to individual builders). These semi-detached houses develop characteristically sluggishly, the individual projects (mostly detached single-family houses, few private semi-detached houses) are lively, and there are not even string outlines for the apartment buildings yet. At several new development areas nearby, there are cranes in the developed construction section, but the development of the next section is in Sleeping Beauty mode (despite a well-attended residents’ meeting three years ago). My overall impression is therefore: concretely matured building desires are being pushed forward, but right next to them there is a broad "cartel of the waiters."

narrowly calculated projects (developer multi-family housing) are sometimes reversed even with units already sold.

I can't quite follow you there, you are welcome to explain that in more detail. At what proportion of sold units does it roughly tip whether forward or backward gear is engaged? - I assume it always concerns projects that are still before grading or excavation. And: are those affected mostly then "rerouted"?

I can’t quite follow you there, please feel free to explain in more detail. At what proportion of sold units does it roughly tip over, whether the forward or reverse gear is engaged? – I assume it concerns projects that are still before grading or excavation. And: are those affected usually "rerouted"?

That has nothing to do with the number of units already sold. What matters is that construction has not yet started and the developer can pull the emergency brake. The end buyers receive "compensation" because the developer can better absorb this than a project with negative returns. Since construction usually (this comes from the financing banks’ requirements) only starts at a minimum of 20% pre-sale (preferably 30-40%), there are already some sold units, but it probably still remains manageable in terms of the total compensation to be paid.

Spoke with an lbs advisor over the weekend, there is still a lot of work as financing with sometimes 4% is being done. In the circle of colleagues, mostly the young ones under 30 years old, the euphoria is over. Even with net earnings of around 3000-3500 net per person, no one dares to buy an apartment anymore. It will not get better, as many will now look for rental apartments.

That is exactly the crux. We in our own homes can count ourselves lucky, but many who now have to rent an apartment at further increasing prices can hardly build up equity. I believe that the number of people who can afford a home will decrease in the coming years and that a single-family house will be a privilege of the upper middle class.

32 building plots in our new development area. 15 kilometers from Regensburg. Infrastructure is currently being developed. Over 100 interested parties. Allocation according to strict criteria and point system

32 building plots in our new development area. 15 kilometers from Regensburg. Development is currently underway. Over 100 interested parties. Allocation according to strict criteria and points system

Strict criteria and points system always "reduce" the oversubscription rate. Assuming the "over 100" were 128, that would mean an oversubscription rate of 4:1. We have already had rates of 25:1 and above here repeatedly, and with open offers (without local resident and other points) even 40:1. The problem with municipal offers is often that the municipality rarely controls more than about a quarter of the plots, on which the waiting lists then concentrate.