Is buying a house sensible in the current market situation?!

  • Erstellt am 2020-09-23 14:32:32

Alibert87

2020-09-24 15:37:14
  • #1
Sure, but a little one-sided. Because as a tenant I have to! of course invest my savings or find other potentials. If we only look at profit, then as a tenant who invests in an ETF with about 8% return over 30 years I "win" (of course I have no house - homeownership is pure luxury).
 

Alibert87

2020-09-24 15:40:26
  • #2
Please do not misunderstand. I do not want to deepen this discussion here either, even in a house construction forum.
 

face26

2020-09-24 15:41:19
  • #3


...that's why everyone who has rented for the last 40 years also has a portfolio of 400k and upwards
 

nordanney

2020-09-24 15:41:51
  • #4
Well, that's how people are. Money that a man or woman gets hold of is spent or excuses are found in between as to why the savings are being tapped (great vacation, motorhome, new furniture, car/motorcycle, etc.). Owning a home is compulsory saving. There are exceptions, but they are rare.
 

face26

2020-09-24 15:43:27
  • #5


Property is not necessarily a luxury, a single-family house is. But the price level is what it is and the interest factor has already been mentioned. In my opinion, waiting doesn't make much sense either. Prices are high, interest rates low. Maybe someday it'll be the other way around again, then you'll just pay more to the bank.
 

Alibert87

2020-09-24 15:46:28
  • #6


That's how I would do it. In addition to my own capital, we also have an ETF portfolio (about 10k - yes, little because the desire for a property is there)
 

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