WilderSueden
2021-02-03 18:38:26
- #1
Being a profiteer does not automatically mean that you find it sensible. In the end, it probably only drove prices up since many could now bid 10 or 20,000€ more than without the Baukindergeld. The prices will stay there for now, the sellers and agents have gotten used to it, and currently it is a seller’s market anyway.
And by the way, I am of the opinion that we have far too many detailed subsidies in Germany, often combined with arbitrary (single vs married couples) and unrealistic limits (especially income limits). See Wohnungsbauprämie, battery subsidies that throttle photovoltaic systems to 50% over 20 years, BAFA subsidies for KNX gadgets, listed building restorations where heat pumps are cheaper than gas heating, and so on. There are plenty of examples of this in the forum by now.
And it’s not just absurd in construction, but also in areas like private retirement provision where agents and insurers have made a killing on Riester contracts while people fund contracts with virtually zero interest. The same money (ideally tax-free) invested in an ETF savings plan would have brought everyone significantly more. But we digress...
People would be helped much more if fewer nonsensical regulations were made and construction was simply cheaper. (I have been researching the roof load of garden houses in recent days because, according to the development plan, we have to cover them the same way as the main house (=tiles) or green them. The problem is that with prefabricated kits this doesn’t fit the roof load if there is still snow...)
And by the way, I am of the opinion that we have far too many detailed subsidies in Germany, often combined with arbitrary (single vs married couples) and unrealistic limits (especially income limits). See Wohnungsbauprämie, battery subsidies that throttle photovoltaic systems to 50% over 20 years, BAFA subsidies for KNX gadgets, listed building restorations where heat pumps are cheaper than gas heating, and so on. There are plenty of examples of this in the forum by now.
And it’s not just absurd in construction, but also in areas like private retirement provision where agents and insurers have made a killing on Riester contracts while people fund contracts with virtually zero interest. The same money (ideally tax-free) invested in an ETF savings plan would have brought everyone significantly more. But we digress...
People would be helped much more if fewer nonsensical regulations were made and construction was simply cheaper. (I have been researching the roof load of garden houses in recent days because, according to the development plan, we have to cover them the same way as the main house (=tiles) or green them. The problem is that with prefabricated kits this doesn’t fit the roof load if there is still snow...)