Why don't construction prices go down?

Why don't construction prices go down?

Because there are still too many people who want to pay the prices.

And above all, can.

It's one thing that some social housing complex projects are being stopped. But "normal" house construction still has more than enough fat on the bones. First, the entire demand will be met until something gets cheaper...

May I ask in which area the construction is taking place and what was done as own work?

Many people define own work differently.

G

Construction activity: roughly Southern East Westphalia/Northern Southwestphalia.

Examples of own work: Pulling empty conduits after the precast concrete slabs were delivered for electrical work (ground floor and upper floor) Chiseling work after the electrician marked the whole house Clearing out sockets after internal plaster Independent installation of insulation between rafters/vapor barrier Assisting with roof covering Installation of garage door/gate/door to utility room Installation of window sills inside/outside Sealing of floor-to-ceiling windows Installation of window panes Installation of roller shutter panels Installation of shafts/motors Independent screwing of roof battens Independent installation of photovoltaic roof hooks and rails Assisting with laying underfloor heating etc. ;)

But I also feel like I’m at the construction site daily in the evenings after work from 5 to 8 p.m. and on Saturdays. Additionally, many acquaintances in the craftsman environment.

That some social housing complex projects are being stopped is one thing. But "normal" house construction still has more than enough momentum. First, the entire demand will be met before anything gets cheaper...

"Normal" residential construction – that is condominiums and single-family/two-family houses – has completely collapsed – see current figures on building permits. Over 25% fewer projects. There probably won’t be much left in the way of full order books in 2024...

The "normal" residential construction - that is condominiums and single-family/two-family houses - has completely collapsed - see current figures on building permits. Over 25% fewer projects. There probably won’t be much with full order books in 2024 anymore..

To feed that with numbers - you are still writing way too positively. The air is completely out. : There’s no more grease on the chain. For single-family houses, there was a decline in building permits of 38.4 percent to 37,900 in the first nine months. For two-family houses, there was even a drop of 51.9 percent to 11,100. Also for the type of building with the most apartments overall, multi-family houses, the number of permits decreased significantly – by 27.2 percent to 105,200.

And an approval by no means means that construction will actually take place and be completed. Many developers have already run out of steam

I don't want to deny that with property developers either - and I fully agree with you regarding the applications.

But show me a craftsman without fully booked schedules - it either has to be quite an unlucky guy or he has ruined his name over decades.

At least in the long term, you still can't find a craftsman here - ranging from excavation work to roofing. And the fact that prices remain high on that basis is simply supply vs. demand...