Interest rate development current situation. Build now or wait?

It is and remains difficult. In some regions, there is partially nothing available or you have to go significantly further out to still get a reasonably good price. I am glad that I have built up some investments since 2015, which compensate us well for the house construction. We both earn well and still have to search far because in the whole Cologne/Düsseldorf/Bonn area, it is hardly possible to find good plots up to 300,000€. And I am not talking about city locations here... You really have to go very far out towards the Eifel or Aachen, which neither of us want, or towards Wuppertal/Solingen, which is not an option for us to find something good for the price...

Where can you still get a 10-year-old single-family house for 500,000€ today?

In regions where not every fool earns at least 2,500 net. For 500k, you can get brand-new houses here in northern Hesse or nearby towards Paderborn, where you only need to put in your furniture. Within walking distance to a >5,000-employee employer with top IG Metall/Chemicals union wages, that’s obviously no longer possible, of course. If home office expands, though, a lot will shift there as well. It then stands and falls with the internet connection.

In the regions where not every idiot earns at least 2,500 net.

Haha :D :D :D that one is really great!!! Since when should the amount of salary be a measure of whether someone is an idiot (however you want to define that)? Rarely have I read such a conceited crap, great view of humanity! By the way.... as an idiot, life somehow feels freer..... I know that from experience o_O

Haha :D :D :D this one is really great !!! Since when should the amount of salary be a measure of whether someone is an idiot (however you want to define that)? Rarely read such an arrogant stuff, great view of humanity! By the way.... living as an idiot is somehow freer..... I know that from experienceo_O

I never claimed anywhere that the amount of salary says anything about that - what’s that supposed to mean? And I don’t want and will not start a debate about envy here now. However, when I see around here that at the VW plant Baunatal (16,000 employees) even unskilled workers on the assembly line earn 3,000 net (and more) just for pressing 3 different buttons, then it’s clear that such excesses also reflect in real estate prices. And there are really some airheads who wouldn’t stand a chance in the rest of the economy and can only be glad to have somehow slipped into the plant at the right time. This is not from me either, but from other plant employees I know - so why shouldn’t I be allowed to quote that 1:1? There would be nothing wrong with that, but it just ruins the prices for everyone else and then the nurse or the elderly caregiver wonders why, despite strict saving, they will never even come close to owning their own four walls in these regions.

has drawn a false conclusion. Correlation != causation.

why he never even comes close to owning his own home in these regions despite scrimping and saving.

Why, well, the IG Metall fought for these wages for years. And honestly, 3 shifts with piecework have to be paid. Sleep disorders are the least of it in this profession. Life expectancy is 10 years less, cardiovascular problems, cancer risk, etc. Much higher than for normally working people. If it doesn’t work out in such important professions like elderly care and nursing, it is solely due to their organization within the union. And there is enough money being generated—the Helios Group made 5 billion in pre-tax profits last year despite Corona. And they paid out nicely to the shareholders. A few weeks ago we had a project manager here with 2500 net who wants to spend 800,000 on a house, I say, well, serves him right. But now blaming the housing shortage on the VW employee is too easy to say. If every single person needs at least 80-100 m2, I’m not surprised.