Situation in the real estate market... madness

The calculation only works as long as the numbers used are correct. Logical.

Two cars cost us about €400, not €1000.

Daycare €150 for both plus a bit of money for food.

Insurance without car about €60. Car insurance is already included in the €400 above.

Food for four including drugstore about €600, no discount stores.

And now?

It’s simply individual.

But those are nonsense numbers, or do you really believe that yourself?

The calculation only works as long as the numbers used are correct. Logical.

Two cars cost us about €400, not €1000.

Daycare €150 for both plus a bit for food.

Insurance without car about €60. The car insurance is already included in the €400 above.

Food for four including drugstore about €600, no discount stores.

And now?

It’s simply individual.

Right. It’s individual.

That’s why I’m trying to find a common denominator that doesn’t sound absolutely unrealistic.

My intended starting point was: family, 2 children, lots of equity saved up (€100k), therefore no paid-off car, suburban area, 20 km commuting, partly organic diet, partly discount store, occasionally eating out.
That sounds like a realistic family at first, doesn’t it?

If you then also consider that in many federal states daycare must be paid for completely, it looks even bleaker.

But those are nonsense numbers, or do you really believe that yourself?

I see no catch in the numbers from .

I am really a car fan. Nevertheless, I am surprised at how much is spent here on car financing. A used car for commuting can cost 2-3 months' salary (personal principle), then it doesn't pinch and also doesn't have large installments. A non-used car is a luxury. Does it really have to be an expensive car if it just feels cramped?

But those are nonsense numbers, or do you actually believe that yourself?

I don't find the numbers from guckguck2 unrealistic. But something is still missing, or is accounted for in other items. Just as an example: If you are at the company during lunch, you simply buy less.

An example for the car with me:
- New car €13,000 calculated over 10 years: €108/month.
- Fully comprehensive insurance, liability insurance, and tax: €50/month
- Maintenance: €30/month
- Gasoline €50/month
Total: €240

Used and partial coverage insurance would be €200 or less per month.

The reason why I can sleep peacefully is that the house is located in a sought-after area, the purchase price was low, and I can very safely sell the house in case of emergency without financial ruin.

Good argument. I definitely accept that.

So, if someone earns <6k and can buy a shack for 900k that is actually worth 1.5 million, then my argument can be comfortably ignored (Of course, you can do that either way...)