Home Despite the interest increase: 12 strategies for young families

Home Despite the interest increase: 12 strategies for young families

despite rising interest: opportunities for young families on the housing market

In recent years, real estate prices in Germany have risen rapidly, while household income has only slowly added. This means in particular for young families that the dream of having their own home is moving far away for many. Nevertheless, a recent study by the Empirica research institute shows that there are strategies in order to obtain property even under the difficult framework. On behalf of the LBS, a total of twelve different approaches were identified that can make it possible to find access to the housing market.

The demand for living space, especially in urban areas, has increased particularly due to the influx of people. This leads to a lack of available objects that meet both financially can be financed and the living requirements of the buyers. An increase in construction and financing costs also exacerbates the situation.

strategies for the dream of home

The study has identified a variety of compromises that buyers have to enter into. In order to increase the chances of buying real estate, many are willing to compromise on the equipment or the size of the future home. For example, avoiding an additional room or the acceptance of a higher renovation requirement could be necessary to stay in the desired location.

Another strategy is to buy an apartment nearby and offers some of the desired features such as a balcony or garden. For many buyers, the focus is on finally getting out of the tenancy, which leads to willingness to accept many compromises in the desired property.

Return to home as a savings measure

An interesting trend shows that some young people, after studying in big cities, withdraw back to their rural homoing. Real estate prices are usually cheaper here. Participants in the study learned that the further the location of urban centers is.

In addition, buying real estate from your own parents or grandparents can be a sensible alternative, often at a price that is below the market level. This enables the buyer to optimally use his budget and possibly modernize the property according to your own wishes.

Cost reduction by clever decisions

Another aspect that the study illuminates are options for saving costs. Buyers who are willing to acquire a property in need of renovation can press the costs for craftsmen through their own work. It is also possible to stagger investments in the renovation in order to reserve more money for the purchase yourself.

Alternative living models as a solution

New models, such as sharing a house with a confidant, can also contribute to the solution. These buyers live in the property and pay a rent for use to the co -owner, which can be divided into the costs. Another option is the construction on a leasehold property that can save a lot of money to invest it in your own living wishes.

FAZIT

The possibilities for acquiring your own property are not exhausted despite the challenges. With creativity and the willingness to compromise, normal earner households can also realize your living dream. The findings of the Empirica study make it clear that there are different ways to successfully get into your own four walls, be it through change of location, financial adjustments or alternative living concepts.