KfW BEG funding stopped 261, 262, 263, 264, 461, 463, 464

And by the way, building without a loan is probably not that uncommon. In our new development area, there are at least 3 plots with the concept "Rente am Bodensee". Those who built/bought a house/condominium in Cologne or Stuttgart in 1980 can, with the proceeds, build a house with us today and probably live off it for several years.

And by the way, building without a loan is probably not that rare. In our new development area, at least three plots have the concept "Retirement at Lake Constance". Whoever built/bought a house/condominium in Cologne or Stuttgart in 1980 can build a house here today with the proceeds and probably live off it for several more years.

If you built a house at, say, 30 years old in 1980 and sell it today, you are now 72. I don't think that's a big deal, but a matter of time. What do you think the euro will still be worth in 2062 xD

There are really people out there who can build their own home without a loan.

Even those who can rarely will be stupid enough to build a house without a loan.

I don’t know how it is at [Sparkasse], but the Postbank guy I dealt with would have earned five figures on my financing if it had gone through. And not just barely.

If you built a house at, say, 30 years old in 1980 and sell it today, you are now 72. I don’t think that’s any great feat, but a matter of time. What do you think the Euro will still be worth in 2062 xD

It was about his grandma, she was probably 72 too ;) And no, being old is not enough for wealth. You actually have to do something for it, e.g. save regularly. Real estate is one way to achieve that. It was about this nice study from the Institut der deutschen Wirtschaft on net wealth by age. With €400,000 net wealth, as a household you already exceed the 80th percentile in every age group. This means, conversely, that most people even in their late 50s/early 60s, at the zenith of their wealth, do not manage to pay for a house just like that.

Even those who can afford it are rarely so stupid as to build a house without a loan.

It depends. The stock market is not suitable for everyone, and in my feeling, especially older people who grew up with high interest rates on life insurance and savings accounts find the stock market rather inaccessible. At the same time, this generation is quite averse to debt (because of the high interest rates back then...), and I firmly believe that some of them do build without a loan.

As for the commissions, by the way, a look at the ESIS leaflet that you receive with every loan (and probably have not read) helps. According to it, Interhyp received a 1% commission for my loans. I find it hard to imagine a five-figure sum for a loan seller (also called "advisor") at the bank. But maybe one of the bankers present can help?