Planning to build, is it realistic? Young + Equity

Where do you want to build?

In the quiet area of Ostwestfalen

I could just start laughing again about the well-intentioned but once again completely off-target "concerns"...

I gave your post a recommendation, even though I still advise against building a house (for now).

Otherwise, it is like this in Neuland that 1.) you never get the answer you want to hear and 2.) the answer often does not fit the question. In the present case, however, the OP explicitly asked in his youthful naivety:

The question now would be, [...], what would you do?

And in that sense, I answered. .

I write:

Keep in mind that if your father becomes a social case within 10 years after the gift (due to old-age poverty or illness) and the state has to cover the care costs, it will basically undo the gift in order to pay the expenses.

You write:

Tell me, do you always look 5 times to the right and 5 times to the left and then again 5 times to the right and 5 times to the left before crossing or driving across the street? And always remember to move to the left lane at the end of a traffic jam, because there could be a truck with broken brakes behind it, and better get a VW Touareg right away...

Just because you (still) haven’t dealt with these scenarios doesn’t mean that a) they don’t exist and b) they are not worth considering. You can certainly ignore the information as a participant – it is for the OP, who is exactly in this situation, having a lot of money in the account thanks to dad, but it can be taken away faster than you think. Then insolvency is not far if a forced sale at a loss is imminent. It would have been nice if had written something about it; a "Thanks for the info" isn’t expected anyway. Rather, people want to hear: "Yes, sure that works. Period." "That’s great: 350 bucks – I envy you." The users try to take in information neutrally: you can read the answers to the initial question here

Sorry but I have never taken out a loan, let alone built a house. One is allowed to ask beforehand, right? What are forums for?

Is someone complaining here who is giving you an answer? The only ones complaining are those who contribute nothing or who don’t like the answers. A forum is just brainstorming: everyone contributes some thoughts on the said question… and quite a few ask a small limited question (so hardly any brainpower stirred up), but receive a bunch of other information regarding their answer that they did not consider in their narrow-mindedness. What hurts are only the pieces of information that are withheld. And honestly: budgeting 2000€ monthly, scheduling a bank meeting for a good investment – you don’t need to ask in a forum whether you can afford a 100,000 loan. And if that should be a problem, then some life experience is probably missing, and then we are again at all the answers that are not considered in youthful naivety.

: I am now officially a fan of you

Keep in mind that if your father becomes a social welfare case within 10 years after the gift (due to old-age poverty or illness) and the state has to cover the care costs, it will generally reverse the gift in order to pay the expenses.

Thanks for the tip, but currently and in the future I don't need to assume that will happen.

And if that should be a problem, then probably some life experience is missing, and then we are back to all those answers which are not considered due to youthful naivety.

It may be true that with my age I might not have as much life experience as some others with 30 or 40. But I think that has nothing to do with youthful naivety. In my opinion, they are rather different things.