Is house construction financing possible at all?

I don’t know – where does that thesis come from? We do that, and as far as I know many others here in the forum do too? Even in financing threads it is repeatedly discussed that there should still be enough left for that / it has to be factored in. Surely there may be people who neglect that, but I wouldn’t go along with “almost everyone.”

So if I look at the real estate portals. Most old houses look pretty run-down. The heating is replaced when something is broken, but otherwise they exude the charm of the 70s and 80s. Or you can see that the next owner is already selling. Then at least parts have been renovated. From my point of view, there are mainly two reasons.

1. You can’t. Weeks ago, I saw an old man crying in some craftsman documentary because an invoice of 1,000 € was coming at him :( I found that really terrible.
2. You don’t want to. Major renovations are associated with dirt, trouble, and effort, and the old existing stuff is still good and is used as long as it lasts.

This is basically the quintessence of my "Wall of Text" from earlier, just written much more compactly. ☝

So, when I look at the real estate portals. Most of the old houses give a rather worn-out impression. The heating is renewed when something is broken, but otherwise, they exude the charm of the 70s and 80s. Or you see that the subsequent owner is already selling here. Then at least parts have been renovated.