Absolutely not feasible what you are imagining there. Just move away and live more relaxed. Otherwise, the dream house becomes a nightmare house. Is the 1978 in your nickname your birth year? Then you would be 44. The median income (not average!) in MUC is about 54,000 euros. With 4,400 net, you can’t even afford property as a single. Either you are lucky to have inherited a few hundred thousand, or you’re out. It’s that simple and real. But then at least you’re among your own kind ;) Move to cheaper regions, I can only recommend that. The orientation of the job is of course also extremely important (keyword HomeOffice or similar). I know many who now earn just as much as in MUC, but live in rural regions where you can still realize your dream.
You also have less social pressure if you don’t move to the area where everyone can easily afford a fancy car next to their house because grandma left them the house in MUC or similar – you don’t want to be the poorest on the street, believe me. Someone with 4 million in the bank is very poor in Hollywood / Starnberg, you know what I mean? But if you have 4 million in a small Upper Franconian village, you are the king. It always depends on perspective.
It’s pretty tough for everyone without an inheritance who want to (or have to) get bigger and have to accept new rents. There’s nothing left. I mean, if you already have to pay 2,000 euros plus for a semi-detached house in rent, how do you even think about building? Just thinking about it is completely unrealistic.
Either you can easily afford it, or you fight for every euro. If I were you, I wouldn’t take on that fight – you can’t win it.
Wirtschaftswoche last year:
“But even with an income at this level, it is hardly possible to acquire property here. At 100,000 euros, the air is damn thin. With employees in middle management, they already have a problem.”
Expenses and income of the candidates no longer matched, says Sabine Märten, who advises clients from the financial and real estate sector. “Even academics like civil engineers and asset managers at senior level with an annual gross salary of 80,000 to 100,000 euros no longer live in the city but far outside. Sometimes even about 100 kilometers away. Because rents and home ownership are affordable for them there.”
And you come with 4.4k household net ;)