Why don't construction prices go down?

How many times do I have to write it. It’s not the prices that are falling, but the currency.

If I sell my house today for 500,000 euros, I get just as much today as for the 250,000 euros a house cost 20 years ago. And if I get 1 million in 5 years, it is not really more.

It is best to always calculate in gold. House prices remain stable in gold. Calculated in gold, houses have even become significantly cheaper. Today I can build a house worth 500k with 250 ounces of gold. 20 years ago I still needed about 800 - 1000 ounces.

Those who sell today will lose money. The devaluation of the euro will accelerate.

And what are the prospects for the next few years?

10% interest?
EU and Euro collapse in 2025?

What happens next?

How many times do I have to write it. It is not the prices that are falling but the currency. If I sell my house today for 500,000 euros, then I get today just as much for it as for the 250,000 euros a house cost 20 years ago. And if I get 1 million in 5 years, then in real terms it is not more either.

That is simply just sensationally exaggerated. I just entered it into a calculator. 250,000 € had the same purchasing power 20 years ago as 325,300 € today.

Mr. Buchsbaum and his previous aliases have never really been good with facts. Here in the region, you can slowly start building again at realistic prices. I can see that right now from a current [GU-Angebot] for our little house.

Here in the region, one can slowly start building again at realistic prices. I can see that right now from a current general contractor offer for our little house.

What would that specifically mean if one asked in which area, at which standard, and at what price per square meter that would be? :-)

Local general contractor in eastern Rhineland-Palatinate with own construction crew. 200 m2 house including floors worth 35 €/m2, gable roof, Q2 walls and ceilings, "normal" bathrooms with walk-in showers (are really good standard, I don’t even have to sample), Schüco windows (exterior color also on the inside), Braas Turmalin roof tiles, 269 cm ceiling height, steel stringer staircase and small air space along the staircase, open roof truss, 3 roof windows, Daikin air-water heat pump including earthworks for just under 2400 € per square meter. However, I removed the electrical work; I’m doing that myself. Quite a bit away from the "won’t go below 3000 € per square meter" mantra here in the forum.