Why don't construction prices go down?

I quote!

The fact that the Swiss economy is more successful than the German one is also due to the franc: A strong independent currency contributes to more prosperity. The Germans have recklessly squandered this advantage.

A small addition. One must look at "the" economy in a differentiated way. Production, processing, services, etc.
Also whether a country is export-oriented or not.
For our huge internal EU market, the value of the € is not so interesting, since everyone settles in €.
The strength of the currency is relevant for both export and import nations, but in different ways.

Simply put for you.
A strong currency leads to cheap imports – even though Switzerland has an insanely high price level – and often causes consumers to prefer cheap imported goods instead of domestic products. Oh yes, the goods to be exported are then very expensive, and the economy has problems in the world market.
Conversely, many countries would like to have a weaker currency sometimes. Because then exports are cheap, which can be good for the economy if you are export-oriented. So everything is basically the opposite of a strong currency – also expensive imports.

And lastly, Switzerland does not have a strong currency because of its economy. This is due to the status of a safe haven. Even the Swiss National Bank regularly fights to devalue the franc so that the disadvantages for the economy do not become too strong.

The quoted statement is not from me but from the Neue Züricher Zeitung. And of course, she is right.
Even if the doctorate economists and economists present here now try to explain something different to me and the others here.

Switzerland is also an export nation. And we were a strong export nation despite a strong DM. The prosperity was significantly higher than today.

And whoever here today, in thorough German arrogance, thinks that Romanians live in tin shacks, can no longer be helped.

Throughout the entire former Eastern Bloc, they laugh at the poor Germans. Just go there and take a look at the beautiful houses.
They don’t sleep either.



This beautiful bridge in Croatia was built by the Chinese with EU funds. In 1.5 years for 500 million euros.
How long have they been building German bridges here and at what price? What about the bridge in Lüdenscheid? Elbe bridges in Dresden and Bad Schandau?

What did Merz say today? No more relief measures will be decided. No pension reform, no tax reform, no increase in child benefits.

All burdens have still been passed through. Germany is finished.

It’s wild how questions are ignored here, but new smoke screens are lit – and those are factually wrong. But then, let’s go…

The quoted "NZZ article" is an opinion piece. Opinion! Clearly labeled as such. Whether it appears in the NZZ or the Wuppertal Sunday newspaper, opinion remains opinion.

Diese schöne Brücke in Kroatien wurde mit EU Geldern von den Chinesen gebaut. In 1,5 Jahren für 500 Millionen Euro.

This refers to the Peljesac Bridge. Construction time was 3 years, not 1.5. Construction costs were 550 million euros, not 500 million. Not all paid by the EU, "only" 374 million. And now, after two years in operation, it is a renovation case. Maybe subjectively a beautiful bridge, but not a quality construction.

But why are we actually talking about Croatian bridges from 2022 here?

So, with that, I leave the field to the others again.

Then build yourself one of those Polish quality houses with Polish construction workers on site if it's so great? Where is the problem?

But why are we actually talking about Croatian bridges from 2022 here?

Thank you. Unfortunately, I can only give a thumbs up once.

As I said, the discussion is basically irrelevant.

I don't think it's irrelevant. I always write here whenever I find a source that credibly shows that construction prices have fallen after the significant interest rate hike and the drop in demand. Because it makes absolute economic sense. Unfortunately, direct linking is not allowed here, otherwise it would be easier.

It is true that "money" constantly loses value due to inflation and therefore one has to spend more money in total and absolutely on consumption, but the prices for individual goods and services can very well go down. Like for example the prices for electricity, gasoline, wood, solar systems, cars, electronics ... and also the prices for a new single-family house.

The opinion that new and real estate prices can never fall, in my opinion, persists a bit too stubbornly or there are, in my opinion, enough people who have an interest in buyers simply believing that. No one claims that the price per square meter of a new single-family house will fall to 900 euros, but from e.g. 3000 to 2700 euros – with the same quality – is, in my opinion, not nonsense.