Realistic or daydream? (Buying property without equity)

Sorry, I can't resist: Nice thread and then Steffen80 again: Part 1: I have the biggest kitchen, you peasants (totally off-topic again). Part 2: How dare you want to live, you poor wretch. ... just plain tasteless - not helpful - embarrassing - ... just Steffen80 xD

Not wanting to defend Steffen here too much - if anything is embarrassing and off-topic, then it's your post. Where did Steffen speak out against living? Rather against owning and the associated giving up of quality of life...

So, I don’t always agree with Steffen either. However, his reminder to save, save, is spot on. Added to that is remembering how ordinary people used to get their own homes. Leasehold instead of buying. Row houses instead of city villas. Settlers' association. Home savings. Yes, I know, it all smells like pea soup, not like prawns. But if it is a dream that is to become real, the path through pea soup is not wrong. A plot of land for 330 euros per square meter is, in my opinion, really too expensive. Karsten

Maybe one should mention that you can't always choose the size of the plot. It's probably the case that in expensive areas, the plot is smaller, but what if it starts at 450? Also, I wonder why someone would want to build 180 sqm if they can't afford it [emoji848] Houses with 129 sqm also have their right to exist. In short, regards

So, I don’t always agree with Steffen either. However, his point about saving, saving, is quite accurate.
In addition, one has to remember how ordinary people used to get their own homes. Leasehold instead of buying. Terraced house instead of city villa. Settlers’ association. Building savings contract.
Yes, I know, it all smells like pea soup, not like prawns. But if it’s a dream to become reality, the path through pea soup is not wrong. A plot of land for 330 euros per sqm is, in my opinion, really too expensive. Karsten

Currently, leasehold is not really that great. Church land, for example here with us, costs 3,000 to 4,000 euros annually and increasing. Besides, the church or settlers’ association usually wants to see a certain amount of equity.

Plots of land, except in godforsaken areas, currently cost quite a lot.

The only thing that helps is saving, saving, saving. At least starting a building savings contract with a maximum loan amount of 30,000 is also helpful.

A terraced house from the developer would be a real option. But only 100-120 sqm of living space.

I know ground lease as a lease price fixed for 60 or even 99 years. Here there are [Erbpacht] plots of the church from the pre-war period, where the lease is equivalent to the value of a DZ wheat. That could have been a lot of money in 1930 for ordinary people, today the DZ is around 60-80 euros. Per year! So anyone who now concludes a ground lease at 3500 could potentially have the super bargain at 3500 in 40 years. Karsten

Hasn't existed for a long time. Most now have adjustments every 2-3 years due to an index or something similar.