How to afford building a house and buying land today?

  • Erstellt am 2019-06-12 21:52:11

ypg

2019-06-15 17:34:30
  • #1
Serious question, serious answer:
Do with your money what you want.


The fundamental problem is not property acquisition through real estate, but how people secure themselves mutually in case of separation. People often behave unfairly there.

The same can be said about marriage or children... lol



...by you! I think these are typical pub talk slogans from... tenants? In my opinion, that belongs in the category “Badmouthing is supposed to ease envy.”



And? Do you save diligently every month? You don’t play the fool with the financing bank for house and home (these crooks), but with what or with whom do you bind yourself and your family?

By the way, I have nothing against people who prefer to rent. Everyone should do as they want and can. But I have something against sugarcoated pub talk slogans and against ignorance that is talked up.
I also wanted to go back to renting at some point. I would have sold my house at a profit (not much, but profit = savings rate), then gone into renting, where I could have gotten used to stairs and balconies. The problem was: rent for half as much living space was more expensive than my mortgage payment. Thus, six years ago I built new. In four years, we still have €100,000 “burden” on it. I can only shrug. We can always sell. And money for a motorhome would be there too – we just don’t want to!
 

Tassimat

2019-06-15 18:17:09
  • #2
I would also like to generalize:

Ownership is always cheaper than renting under three conditions:

    [*]With similar size, but you always build/buy larger than a rented apartment without a garden
    [*]Provided you can afford the annuity at all and do not run into liquidity problems
    [*]A certain minimum amount of equity is available

There are certainly many examples where renting is cheaper, but the example discussed here definitely does not count. Borrowing money in 2019 is simply that cheap.
 

hampshire

2019-06-15 18:22:47
  • #3
: What exactly was your intention in this thread?

You mused about the costs of houses and the "bondage" for the debts, then you asked "Has anyone ever succeeded?"

Answer: Yes, we have. Now we are building a second time for another phase of life. I never felt any bondage at any time.
 

hampshire

2019-06-15 18:27:54
  • #4
: If it’s really just about the money, then you rent your own place and still invest in property that you rent out yourself. Garages in growing cities are ideal, by the way. Multiple properties reduce the risk of rental default, no additional cost statements, no tenant protection, no termination issues, hardly any maintenance costs, and a good return on investment.
 

ypg

2019-06-15 18:29:12
  • #5


Don’t confuse him with the OP
 

ypg

2019-06-15 18:55:32
  • #6
I find these discussions about derogatory "servitude" and such stuff unnecessary anyway. These discussions only arise from envy or arrogance anyway: one envies, the other depreciates. The single-family house resident depreciates the townhouse resident. The latter again depreciates the apartment resident. The more exterior walls, the better or higher-earning or more valuable the resident would be. Or what? And then there is the owner vs. tenant. What if the owner owns an apartment, and the house resident lives there as a tenant? Does that balance out again? Who then has the right to appreciation? And why? The one who envies depreciates. So that he feels better. Let him. He can please babble to his wife/husband or his club people or coffee ladies, but woe if one of them pulls up in a limousinen over 50,000€ instead of the middle-class car. Then he is bullied out of the lower middle class if he doesn't say that it’s just leased. How can anyone afford a house? Sure, also only financed. I could too, but I don't want to, the servitude to the bank. Pfft, I'd rather be free and save my money another way, for example by buying a motorhome ... I can at least afford long-distance travel; the guy with the house can't. And my neighbor, what does he actually think he is, just because he’s self-employed. Is he better? Pfft, he only cheats the tax office. He's not happy with his wife either, otherwise he wouldn't be working all the time. Show-off, that one. Yeah yeah, life is so unfair... and is now also starting with renting out – landlords are all criminals anyway, ripping off the tenant, and if I've rented the apartment for 20 years, then I've even paid for it for him, that rent shark, that one.
 

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