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Peter Pohlmann28 Mar 2022 21:55I would like to briefly point out the current impending crisis and discuss possible solutions.
How should one act in view of the current political uncertainties?
Personally, I would completely pull the plug and put everything on hold. The uncertainties are simply too great. I wouldn’t put too much trust in contracts. There will simply be no more materials available. The shortages at building material suppliers are growing, many yards are practically empty. Delivery times are currently often extremely long, so a reliable completion date cannot be given.
Therefore, please share your experiences here regarding delivery times and price increases.
Either prices are currently skyrocketing, delivery times are exploding, or both. Energy-intensive building materials are no longer being produced. Raw materials are no longer available. Bricks, roof tiles, tiles, insulation materials, wood, steel products, electrical cables, photovoltaic systems, windows, reinforcing steel, concrete, cement, paints, and plasters.
Without gas and oil from Russia, the lights will soon go out here. Nobody should fool themselves. There won’t even be diesel available for the excavator to dig the foundation pit.
How should one act in view of the current political uncertainties?
Personally, I would completely pull the plug and put everything on hold. The uncertainties are simply too great. I wouldn’t put too much trust in contracts. There will simply be no more materials available. The shortages at building material suppliers are growing, many yards are practically empty. Delivery times are currently often extremely long, so a reliable completion date cannot be given.
Therefore, please share your experiences here regarding delivery times and price increases.
Either prices are currently skyrocketing, delivery times are exploding, or both. Energy-intensive building materials are no longer being produced. Raw materials are no longer available. Bricks, roof tiles, tiles, insulation materials, wood, steel products, electrical cables, photovoltaic systems, windows, reinforcing steel, concrete, cement, paints, and plasters.
Without gas and oil from Russia, the lights will soon go out here. Nobody should fool themselves. There won’t even be diesel available for the excavator to dig the foundation pit.
I cannot confirm that at all.
I have no idea what dystopian world you live in.
Construction sites are busy, and new building projects have been starting regularly here for several weeks and are progressing steadily.
And I am speaking about the Berlin and Potsdam area as well as personal experiences from new development areas in Düsseldorf and Neuss.
I have no idea what dystopian world you live in.
Construction sites are busy, and new building projects have been starting regularly here for several weeks and are progressing steadily.
And I am speaking about the Berlin and Potsdam area as well as personal experiences from new development areas in Düsseldorf and Neuss.
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Peter Pohlmann29 Mar 2022 07:54Currently, there is still building material available from existing stock. My question is more for those planning to start building in 6 to 9 months and who are currently in the intensive planning phase.
You can still see some material left over at construction companies for projects that have already started.
You can still see some material left over at construction companies for projects that have already started.
Since it is impossible to predict what will happen in six months, our course of action will be to continue planning the project as usual. I would just like to finalize the loan and construction contracts soon, since interest rates are currently trending upward.
However, they were already doing so before the outbreak of the war.
Otherwise, I only partially share your concerns. Of course, I would prefer to build in more stable times. But it is what it is. Russia is not the only country that produces oil and gas. Building materials also do not all come from Russia. Furthermore, I do not believe this war will drag on for too long. War costs enormous amounts of money, and the rest of the world has largely switched off financial support to Russia. Economic sanctions are clearly having an impact there. If you don’t believe me, talk to someone who lives there. I know a Russian through online gaming with whom I have been speaking more recently. Of course, state-controlled TV presents it as a victory, but people are not stupid. In their supermarkets, everything is getting more expensive, or is completely unavailable.
In one way or another, hopefully this conflict will end soon. Russia cannot afford this indefinitely, and even the most devout, brainwashed people will eventually speak out when they can no longer afford food.
I also do not believe the economy will return to what it was before, but at least everything should stabilize once the war ends.
However, they were already doing so before the outbreak of the war.
Otherwise, I only partially share your concerns. Of course, I would prefer to build in more stable times. But it is what it is. Russia is not the only country that produces oil and gas. Building materials also do not all come from Russia. Furthermore, I do not believe this war will drag on for too long. War costs enormous amounts of money, and the rest of the world has largely switched off financial support to Russia. Economic sanctions are clearly having an impact there. If you don’t believe me, talk to someone who lives there. I know a Russian through online gaming with whom I have been speaking more recently. Of course, state-controlled TV presents it as a victory, but people are not stupid. In their supermarkets, everything is getting more expensive, or is completely unavailable.
In one way or another, hopefully this conflict will end soon. Russia cannot afford this indefinitely, and even the most devout, brainwashed people will eventually speak out when they can no longer afford food.
I also do not believe the economy will return to what it was before, but at least everything should stabilize once the war ends.
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Peter Pohlmann29 Mar 2022 08:42Thank you for your detailed explanation. Although I would disagree with many points, I find your optimistic outlook interesting.
What I am naturally curious about is this: when you sign a contract with a construction company, plan a move-in date, and have also signed the loan agreement, what happens if there are delays for any reason, let’s say due to unavailable roof tiles?
Do you have enough financial reserves to cover both the loan installments, the ongoing rent, and significantly increased material costs?
This is assuming the worst-case scenario.
As someone who grew up in the former East Germany, I remember times when building a house took 2 to 3 years and you had to arrange every sack of cement or tile individually.
What I am naturally curious about is this: when you sign a contract with a construction company, plan a move-in date, and have also signed the loan agreement, what happens if there are delays for any reason, let’s say due to unavailable roof tiles?
Do you have enough financial reserves to cover both the loan installments, the ongoing rent, and significantly increased material costs?
This is assuming the worst-case scenario.
As someone who grew up in the former East Germany, I remember times when building a house took 2 to 3 years and you had to arrange every sack of cement or tile individually.
You can’t put everything on hold for a just-in-case scenario.
At the moment, sourcing materials is difficult.
Price increases are extreme.
Will the gas supply remain on?
When will there be peace?
Which sanctions are on the negotiation table?
No, I’m not going to start raising one or two pigs. I can’t slaughter and butcher them.
At the moment, sourcing materials is difficult.
Price increases are extreme.
Will the gas supply remain on?
When will there be peace?
Which sanctions are on the negotiation table?
No, I’m not going to start raising one or two pigs. I can’t slaughter and butcher them.
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