Why don't construction prices go down?

And of course, expectations for life have also shifted. Very few people today want to live, work, and give up everything else solely for their little house for 20 years.

Yes, that’s how it is. However, I am surprised that despite these understandable shifts in expectations and the improvements and modernizations that have occurred in many respects, the general satisfaction has not grown accordingly and we increasingly believe that somewhere else (time & place) only honey flows from the tap. That is neither true nor does it prevent, currently noticeable, unnecessary frustration. Yes, the thing with savings interest rates etc. is also true, but whenever we built, something was worse than before or earlier/later better. The feeling that it is only or especially nowadays absolutely bad remains just a feeling, which I also understand, but often has little to do with the measurable facts. If the construction price were to halve tomorrow and the interest rates as well, discomfort would appear elsewhere no later than after 6 months. I have never experienced that significant wage increases or improvements have actually and sustainably resulted in greater satisfaction.

Romania has an ownership rate of more than 95 percent, while in Germany 53 percent do not own their home.

In Romania, however, this is exclusively due to the end of communism and the subsequent privatization. The state apartments were available for very little money, so in principle every tenant bought their property. Besides, there has never been a real rental market – unlike in Germany, due to the reconstruction and development of subsidized housing. In Romania, thanks to the lack of a rental market, there is also no alternative to homeownership, which, due to the poor quality (except in a few cities), is also extremely cheap. It's nice when some numbers are mentioned without context. Thanks for that.

It's nice when random numbers are mentioned without context. Thanks for that.

There is context after all. Read and understand!

The context does exist. Read and understand!

....which would be? Please explain understandably the context regarding the conditions mentioned here, according to which the Romanian real estate market would be better than, for example, the German one.

There is context after all. Read and understand!

With the DM we were respected all over the world and for us it was correspondingly cheap due to our stable currency.
Today we have Italian, French, or Greek conditions.

In the meantime, Germany has the longest working life and the lowest pensions. We have the lowest home ownership rate after Switzerland in Europe. Romania has a home ownership rate of more than 95 percent while in Germany 53 percent do not own property.

In this respect, one has to say that construction prices rise in euros. Calculated in gold or Bitcoin or stocks, they rather decline. Possibly they also decline in US dollars. Twenty years ago it was very popular to finance house construction with foreign currency loans.

OK. Read and not understood. You simply throw in the home ownership rate and say that Romanians are "better" than us. No connection to the text before and after. No explanation of what you want to say with it. No classification of why the numbers are the way they are.

In school: Fail.

What kind of education did you receive? Serious question. You learn that you don’t just write something detached and the reader a) has no idea why you write that and b) you like to write nonsense or pick a number/fact totally out of context and write it down.

So again. What do you actually want to tell us with the comparison of the home ownership rate—which actually isn’t comparable at all—in your text about the "main problem of money devaluation"?

Croatia is the best example. With the euro introduction in 2023, all prices exploded.

P.S. Perfect timing for Croatia to switch during a crisis. When inflation was around 13% and prices were exploding anyway, even before the euro introduction. Many took advantage of the change.
The euro was or is not the culprit. Please don’t polemicize again.

My salary has not increased for 5 years. The majority of employees have not seen any real wage increases.
It may be that wages have gone up more in collective agreement companies. But these are not the majority of companies. Increasing contributions such as long-term care and health insurance premiums from 2025 will, alongside bracket creep, also eat up a significant portion of wage increases again.

The once promised climate bonus, the increase in child benefits, or the easing of bracket creep have just been canceled.
Interest rates will certainly make a move, but upwards.

Well, I am completely surprised right now. How can you just watch and do nothing? Everyone is the architect of their own fortune, but I would have long ago pulled the handbrake and sold myself elsewhere for value—if not now, then when?