Well, here’s one thing you can at least take into account: if you invest in your own property, you’ll build or buy a larger one. That means you’ll see more appreciation in value over the roughly 18 years you’ll have at your disposal once you turn 67. And if you can rent out the space that’s become available, you’ll have boosted your retirement income. You can often get a government subsidy for this, too; in my case, it was 10k per child toward the municipal building lot.
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@userc818a6f2df6247c9 Owning my own property isn't for me. Unfortunately, around here it just ends up eating into my returns. I'm sure it's different in other parts of Germany.
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@DonkeyInvestor I’m happy for you, and rightly so. It’s just that in the countryside, you can’t easily rent a place in a small village because there simply isn’t anything available to rent (yet). The decision to live in that village was just made at some point. If you own your own home and have more than one child, my assumption is usually correct. Among friends who are currently going through a divorce, houses with two children’s rooms—which cost about 250k more—pay off compared to houses without them (e.g., bungalows).
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