Is building a house possible with our salaries? Your opinions

40% equity, who these days manages to save that up in their youth? We're talking about over 200k here

I started saving for a house at 16 (beginning of apprenticeship) (20 DM back then + employer advance). Then I built at 36. So it is definitely possible...

I started saving for a house at 16 (start of apprenticeship) (20 DM back then + employer advance). Built at 36 then. So it is definitely possible...

Well, 36 is not really "young years" when it comes to building a house... the OP and his fiancée are still < 30. Having 40% equity is actually only somehow feasible depending on career start and income. With a degree almost impossible (unless you inherit in between).

I have also noticed here that this forum is mainly frequented by higher earners or those with professional experience.

That's quite an insight... that higher earners mainly participate in the house building forum. What did you expect? Low earners generally do not build houses, and neither do "average" earners in Germany on a regular basis. It is no coincidence that the home ownership rate in Germany is so "low."

Well, 36 is then not really "young years" anymore when it comes to building a house... the OP and his fiancée are still < 30. Having 40% equity is actually only somehow doable depending on the start of your working life and income. With a degree almost impossible (unless you inherit in between)

Exactly.. but I also built "differently" at 36 and with even more equity. I could have paid for a normal house in cash at that time. That wasn't the point here, but -> You can start saving early. In my mid-20s I already had ~ >30,000 EUR.... at that time (around 2005) that would have been enough for a small house in Brandenburg.

By the way, you can also spend money well at 40, 50, or 60 years old. The cruisers are often over 70

But you are biased. We know many ships from some shipping companies and there are no over 70s there. On the contrary... on US ships, Aida, and Italian ones anyway... mainly families and many children. Of course, it also depends on the route. Towards the North/Baltic Sea more older people than in the Mediterranean. Over 70 maybe applies to the ship Queen Mary... no idea.

Exactly... but at 36 I also "built" differently and with even more equity. I could have paid cash for a normal house then. That wasn’t the point now, but -> You can start saving early. In my mid-20s I already had ~ >30,000 EUR.... at that time (around 2005) that would certainly have been enough for a small house in Brandenburg.

Exactly what I’m saying... depending on when you start your career and your salary... someone who just finishes their studies in their mid-20s can’t have 40% equity right away even with a great job. And do you really mean 30k or rather 300k? The former wouldn’t be much either if you started saving at 16