No, every era has or had its challenges. Knowing all the factors that make a sale easier and more secure is still helpful today.

Why you should buy real estate now
A property provides emotional security
We all know the old saying: "With great power comes great responsibility." Anyone who has associated this with all kinds of unpleasant chores such as sweeping the streets, cleaning gutters, or mowing the lawn should take a closer look: Of course, a tenant is freer than an owner. You are not responsible for anything. Not for sweeping the streets or mowing the lawn. But you are dependent and, to a certain extent, at the mercy of the owner. A notice of termination for personal use could drop through your letterbox at any time, leaving you feeling homeless. That can't happen when you own real estate. Here, you are your own boss and can do as you please.
Real estate as a worthwhile investment
Let's assume that a 100 square meter apartment costs 950 euros in rent and you are 35 years old. You then have a life expectancy of approximately 70-85 years. In the remaining 35-50 years, you would pay 950 x 12 x 35/50 = 399,000/570,000 euros in rent. The price per square meter for a house is currently 2,736 euros. This means you would get 100 square meters for $273,600. With 4% interest and a loan installment of $1,200/month, your house would be paid off in 30 years. You would then have paid a total of $429,673. Since the calculation does not take into account any rent increases, you can be sure that this step is definitely worthwhile: if you had paid rent all these years, the money would be gone, but you would not be able to call yourself a proud property owner. This way, you would have built up wealth without having to dig much deeper into your pockets every month.
A home for life
Putting down roots is not a bad thing. Ownership creates ties. Neighbors are also a constant. You get to know and appreciate each other over the years. You can rely on each other, help each other, and know each other's life stories. These are things that make people lovable, despite all their differences. Especially today, this stable network is worth its weight in gold.
For a greener future
As a property owner, you automatically act sustainably. The reason is simple: it's about your own wallet. By taking care of your property, a house becomes a home. By putting your heart and soul into DIY and home improvement, progress finds its way into your own four walls. Last but not least, add some lovingly chosen furniture and the work of art is complete.
Do you have questions about buying real estate or need assistance with financing? Contact us! We are happy to help.
Notes:
For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.
Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.
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