Thank you for this forum!

Hello dear community!

A few months ago I came across this forum and now I have to say that I am very glad about it. There is so much information and input here, things that "normal" people don’t even think about when buying/building a house.

First about us: I am 27, still on parental leave, from February when our little son turns 1 year old I will be working full time again. My husband is 35 and became self-employed in August. We live at Lake Constance, on the Swiss border. Before his self-employment we earned a net income of 4300€ together and thought that we could easily buy/build with that. Now we know that our equity of just over 40,000€ would barely cover ancillary construction costs or even property acquisition tax. In our circle of friends and acquaintances, loans of 300,000 are being taken out actively and I fear that their projects will go badly wrong with the limited knowledge they have now. No equity, wedding or children are still planned, car loans, leasing rates etc.

My husband has now dared the step to self-employment, we are already satisfied. In a few years one can say more. Until then we will work hard, save and maybe we will also be allowed to call ourselves building owners one day. I definitely now know that not everyone can afford a house and doesn’t have to!

Best regards

Hello,

I now definitely know that not everyone can afford a house and doesn't have to!

I am very grateful for this sentence because when I write it, I often encounter incomprehension.

I am very glad that the forum and the users in it could help you with your decisions. The fact that building the house might be "tight" right now does not mean that it has to be postponed forever. On the other hand, no one knows what your husband's self-employment will bring. Maybe in a few years an offer for a change "around the corner" will come, and you will be glad not to have built. Who knows all that exactly ;)

It is certainly a wise decision to inform yourself online "before" implementing a building project; afterwards the child is usually already in the well.

I keep my fingers crossed that the courage of your husband (and thus also yours) will be rewarded!

Rhenish greetings

Hello dalilabw,

I also find it very nice when someone who has only been a silent reader so far thanks for the information in this forum in their first post here. Even though I tried to inform myself extensively before the house construction, this forum has always helped me again and again before, during, and even after the house construction (even though I am also only a silent reader on many topics). Accordingly, I would like to join in the thanks.

Ich weiß jetzt definitiv, dass sich nicht jeder ein Haus leisten kann und auch nicht muss!

This sentence also caught my attention first. And I fully agree with Epis and your opinion. Owning a home is a luxury and will always remain so. I also know, from acquaintances and various forums, that some see it differently, and I fear that at least some of them will eventually pay the price for it.

To you, dear dalilabw, I especially wish that you are satisfied and happy. If you are happy with the current situation for now, then I think your path so far has been the right decision. And in a few years, when your financial and professional situation has stabilized, you might be able to approach the housebuilding/housebuying project again without worries and more relaxed. I would wish that for you.

Thank you very much for your words! I am also optimistic. My profession in nursing is probably one of the most secure. Even though I have good disability insurance, hopefully I do. I have just signed a permanent full-time contract and due to the changed tax class, I earn just as much as in my management position before pregnancy but am closer to the child. My husband dared to become self-employed because an employee position at a law firm is only an interim stage and his two specialist lawyer titles were not adequately rewarded, but there was strong advertising from the boss's side. In 5 years we will know the numbers, daycare and preschool costs as well as the car loan will no longer apply. I can live very well with not building in my very young years. Instead, we will have a younger house when we are retired and get better conditions through higher equity. Until then, I will stay in the forum and keep myself informed. Best regards