Buying a house: were conditions better before than today?

To buy an apartment or house, buyers often need more than 100,000 euros in equity, depending on the size – a sum that scares away many young families.
Image: Photo Alliance

Young people say owning their own property has become far too expensive. The oldest respond: Conditions were not better before. Who is right?

J.akob Werling lets his frustration out freely. After all, it is nothing less than a big lifelong dream that may never come true. The 21-year-old says he would love to have his own home where he could one day raise his own children. They should have a childhood like the one he experienced in his hometown of Herzogenaurach. “But even if I earn well, I don’t know if I will ever be able to afford it,” complains the law student.

Sarah Huemer

Editor in the “Value” department of the Frankfurter Allgemeine Sonntagszeitung.

Nina Hewelt

Deputy artistic director at FAZ.NET and infographic coordinator.

The more he talks about the subject, the less he is able to contain his feelings. Of course he would forgo the vacation if he knew he could then afford a house. He's very careful with his money anyway, works part-time, and recently canceled a ski vacation with his friends because he doesn't want to spend so much. He says he can count on an inheritance that would facilitate his dream of owning a home. But he doesn't want to depend on his parents' wealth. “I would like to build my own house,” he said. “But unfortunately, this perspective does not exist.”

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