bauhead2018
2019-02-28 17:58:11
- #1
So yes, I think construction prices will continue to rise, but for how much longer?
I am increasingly hearing about financing (sometimes even 100%) fixed at 1.5-2.5% for 25-30 years. So in my opinion, the time to fix rates is over and the prices for a single-family house or semi-detached house are above 320,000. With a repayment rate of over 2%, you still need those 30 years!
So the middle class probably cannot afford any changes in the parameters anymore, and thus I come to the conclusion that prices could stabilize at this level and possibly remain stable in the near future. Which would also make building nicer again, as developers would be somewhat relieved! Rents are also reacting somewhat sluggishly and will certainly continue to rise, which could make building/buying attractive again!
To tailor it a bit more to myself: A waiting period of 5-10 years is possible. I have already "partially secured" the low interest rates by buying a building plot. Currently, I can easily cover rent, savings, and plot financing with minimal risk!
I wanted to pay off this plot and start building when the time is right (construction costs). There will not be ONE answer, but maybe there are still some parameters I have not considered!
I am increasingly hearing about financing (sometimes even 100%) fixed at 1.5-2.5% for 25-30 years. So in my opinion, the time to fix rates is over and the prices for a single-family house or semi-detached house are above 320,000. With a repayment rate of over 2%, you still need those 30 years!
So the middle class probably cannot afford any changes in the parameters anymore, and thus I come to the conclusion that prices could stabilize at this level and possibly remain stable in the near future. Which would also make building nicer again, as developers would be somewhat relieved! Rents are also reacting somewhat sluggishly and will certainly continue to rise, which could make building/buying attractive again!
To tailor it a bit more to myself: A waiting period of 5-10 years is possible. I have already "partially secured" the low interest rates by buying a building plot. Currently, I can easily cover rent, savings, and plot financing with minimal risk!
I wanted to pay off this plot and start building when the time is right (construction costs). There will not be ONE answer, but maybe there are still some parameters I have not considered!