Newly built - build again right now?

  • Erstellt am 2017-06-04 21:51:54

raffa

2017-06-06 13:03:15
  • #1
Yes, well, we experience that here too... Real estate here (if it’s reasonably maintained) is hardly on the market for more than 10 days. New builds, just 5 days. Recently, a new build house (built in 2015) with completed outdoor area, 180m² pitched roof WITHOUT basement WITHOUT garage (only carport) sold for 675k€, plus real estate agent fees and property transfer tax, mind you. The house was honestly online for just one weekend. And the house is located in a village WITHOUT supermarket, doctors, or anything else. So I actually don’t worry much about that. The market is really completely empty and what you find are junk properties. In our family, a terraced house was sold... without being seen, the people gave their commitment over the phone... so much for that. What scares many people off about building is the effort, the stress, the risk... everyone always hears how much can go wrong when building. Honestly, we wouldn’t have built either if we had found something decent to buy back then. I think many people feel the same. The argument about a divorce house = bargain might have been true once, but in the current phase and especially here in the south... no way... others are already lining up and happy that the previous person hesitated for a second. We have an oversupply of jobs here and do not live in a structurally weak area, so you can forget about that here.
 

Nordlys

2017-06-06 13:16:24
  • #2
So the crash is imminent down there in the south. Karsten
 

raffa

2017-06-06 13:20:54
  • #3


Such (sorry) crap. What facts is your statement based on that go beyond barroom wisdom?
 

Marvinius

2017-06-06 13:22:56
  • #4
Well, as long as interest rates remain low, the bubble can continue to expand...
 

Nordlys

2017-06-06 13:24:18
  • #5
Life experience. Do you still remember the Neuer Markt hype with Manfred Krug and Telekom popular stock? When the time comes, it’s stormy air. Karsten
 

Steffen80

2017-06-06 13:42:23
  • #6
I also find it difficult... what should the crash look like? Simply interest rates going up? Then the EU is immediately finished. Then it could (as Mutti so nicely says) really become a question of war and peace. In my eyes, there is only a "soft landing" -> moderate inflation over a longer period. 6..7% over at least 10 years I wouldn’t mind..
 

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