A great topic here and as always in life a little too late started to deal with it. The train with the home has unfortunately sailed, because the prices in recent years knew only one direction. We had dealt with the subject in 2020 and should have struck then, but as life so plays we have not found the right property in our village and therefore the topic was buried again. The reasons for this were simply the monthly charges would have been simply too high and we have had no desire to worry about every euro whether you can afford it or not and have therefore remained tenants. But we are still on the subject because we have bought 2 condominiums and you rent maybe this topic is still treated. The most important thing when owning a home to start early to keep the monthly costs low.
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@RealRose In the current situation, owning a home for your own use is indeed financially difficult. This is also made clear in the second part, but exceptions prove the rule. As written, we can not live in the global average, evtl still something arises or becomes attractive in a few years by changed conditions again. The renting of residential real estate I will unfortunately not treat in this series of contributions. Currently I lack the necessary knowledge and I do not know if I will acquire it, because it is not relevant for me at the moment. But in contrast to owner-occupation, renting can be more attractive. The conditions for financing and tax aspects can make a difference here.
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