Situation in the real estate market... madness

No matter how you twist and turn it. Financially (in the long run) the owner will always be better off than the tenant. However, this wealth in old age is bought with a certain inflexibility.

If you only mean the capital at retirement age, you might possibly be right. That's not what I'm talking about though. I dare to doubt that Scrooge McDuck had a better life overall than Donald.

Rather point out that it's really cool to live without having 5k monthly fixed costs.
The apartment for 1k at the Hamburg Fish Market is anything but a social housing unit.

It is primarily a stroke of luck that cannot be generalized. If I search on immowelt, I can't find a 3-room apartment >=80 m2 in Altona for less than 1200 cold rent, typically it's >>1500. Cold!

And those are fixed costs too.

OK. Then do the calculation again for rental apartment vs. condominium of comparable size.

Let's say 400,000 loan with 100,000 equity, each 100 m2 and max. 20 years old, in the commuter belt of the city of your choice.

It will be similar.

Otherwise: a lifestyle model does not depend on who is listed in the land register. Your landlord or you.

It doesn't matter whether condominium or single-family house or or or.
For me personally, it's about the amount of loan to be taken.

My acceptable limit is reached much earlier than yours. That is also okay.
You can play this game forever. If your limit is, for example, 6k which equals 600k loan amount, the next one will come along and also claim to be able to live comfortably with a 700k loan amount.

She is primarily a stroke of luck that cannot be generalized like this. If I search on immowelt, I can’t find a 3-room >=80 m2 in Altona for less than 1200 cold rent, typically it’s rather >>1500. Cold!

And those are fixed costs as well.

Look at the prices of cooperative apartments... The rent I mentioned is no isolated case/stroke of luck.

Another friend has been living for 2 years in a 2-room shack behind Max-Brauer-Allee (Altona) for 315 EUR WARM including internet!

Sure, it may be that I only know lucky ones and you only unlucky ones. The truth probably lies somewhere in the middle.

And regarding the listed prices... Well, every new car is advertised with a certain price. EVERY ONE! Please name me even a single person who has ever paid the advertised list price for a car.

Sure, you have to search, dig, rummage, etc... But it’s possible. Of course, if you’re looking for a 100 sqm apartment with a view of the Elbe in Blankenese for 800 warm, then you can search a long time...

Here come some really very absurd arguments.

Honestly... you are just explaining here that the savings account with 0.01% interest is the better investment because the stock fund can also (temporarily) go into the red.

Of course there are certain negative scenarios for owner-occupied real estate but if you compare the monthly costs with new properties in the current economic situation (and that was originally the point: "new build with €7 cold rent") and that is definitely possible, then there is a very high probability of an advantage for ownership. I don’t want to write more about that. I just want to give the fellow forum members a food for thought, because the path of transitional renting until the implementation of one’s own house construction is with high probability in many scenarios of the current economic situation not the most economically efficient.

So with 6 net you can already do quite a bit. Better to choose a smaller repayment than to pay rent. Then you can still live well. Saying a house must be paid off by retirement is nonsense, the tenant has nothing and I have half a house worth 800,000 euros. So I sell for 400 and the tenant has nothing. What is better? Clear answer!