dmbartender

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58 Very good

About dmbartender

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Profile Information

  • Location Rosenheim, Bavaria
  • Nationality american
  • Hometown Milwaukee
  • Gender Male
  • Year of birth 1980
  • Interests Photography, fishing, travel, american football
  1. Hello Adele,   Thank you so much for taking the time to write your story, and I can definitely feel your pain regarding finding a new place. It took us years to find this one, which is a beautiful home. No matter what we get next, everything will be a step down from our current rental home. The market has gone up another 25% in the last 4 years, and that is also a hard pill to swallow when paying rent.   I sure hope that you find something appropriate in Köln. Is it so bad there too? I don't get why the Gemeinden don't just release some building lots so that the people can build. Everything has to stay so cramped, and the wealthy benefit.   Again, thanks for your thorough paragraphs. I will come back to read them with my wife.   Best,
  2. Thank you! Thanks also for your sub! :)
  3. Thanks mtbiking! I do not think the chances are good that we can stay -- I have a good income, and we have only been here 3.5 years. Plus, who would want to stay after fighting in court with the owner? I wouldn't want that drama. Plus, it IS his house, not mine. So, we are looking hard. But it may still be a good idea to get a lawyer, if that means we might get a payout. I wonder what that might entail...? Moving expenses?
  4. Thank you Spider, I appreciate your effort, but we really want to stay in Großkarolinenfeld, where our kids go to school...
  5. Yes, I have been to that website. What do you mean I should also do it by the book? We are already looking for a new place. We have asked all of our friends and acquaintances, but in a market with such a housing lack, there hasn't been anything yet. We of course will keep actively looking, and be able to prove that we are looking.
  6. Hey guys, we have been living in a little village near Rosenheim since 2007. We lived in an apartment until 2018, then we found a wonderful house to rent until now. The owner just told us last week that his son wants to move in. It was quite a shock for us, because it is a very rich family with lots of property, and they work in Munich. So we didn't think they'd ever move back here to a little Kaff.   Now we have 3 months to find something, and there's pretty much nothing available to buy or rent with 3 bedrooms.    I made a video about it. In fact, I have decided to start a YouTube series about life in Germany as an American.   I tried to make the video a little humorous. Check it out if you like: https://youtu.be/8VZ2ZPSoXJI   How many of you have dealt with this, and did the landlord give you more than 3 months? The last time we looked, it took us years to find this home. With 20-50 applicants, and a lot of crap apartments on the market, it just took so damn long. Hopefully we can find something quick this time!
  7. Ketogenic Diet Anyone?

    Hey, I have tried this diet myself, and I am still on it. I don't do "no carb", but rather "low carb." I probably eat between 50-100g of carbs per day, when I used to eat a few hundred!   A guy at work turned me on to it, and I must say, in 9 weeks I have gone from 90kg to just under 83kg, and that is great! I think it is mainly just the fact that now I have to look at the makeup of each thing I want to eat, and that filters out a whole bunch of crap like chips, cookies, and so on. I also avoid too much bread or pasta. Potatoes strangely enough only have around 20g of carbs per 100. I try to eat anything in the range of 5g-20g of carbs per 100, and that way it is not TOO extreme, but I do notice a weight loss.   And for bread, check Edeka for the protein bread. It is low carb, and high protein!
  8. Hey guys, I have a quick question. I have been living in Germany since 2007 on a Niederlassungserlaubnis. At some point, it became unlimited. Can I live in Germany in retirement?   More importantly, what if we decide to live in the USA? I have read on these forums that we need some things translated into english such as a marriage certificate, birth certificate, etc. Has anyone here successfully done this, and how was the transition?   Thanks for your input!
  9. Bavaria and the real estate bubble

    Another update here. We visited my in-laws the week before Easter, way up in the north, in Meck Pomm. My wife always said, "no one wants to live up there" and "the house owners are happy if they can sell their houses at all!" Well, low and behold, due to 10 years of low interest, even up here things have gone way up in price. Comparable houses in small cities cost around 75% of what they do in Oberbayern, and in the local paper there are 5-6 callouts of families looking for a house to buy or a lot to build on. Looks like buildable land and housing up there has gotten scarce, too.   Meanwhile in Oberbayern, we tried a new tactic this year. We used BayernAtlas to find not yet built, albeit separated Lots in our town. We went and asked about 10 people if they would sell. They all said no, they are saving for their kids or grandkids.    Our Gemeinde also put up a Grundstück for sale as a Höchstbietverfahren. Have you ever seen this? Minimum price €750, two rounds of bidding. The first round ended at €1.100, and after that you have two weeks to increase your bid. What some buttholes. We could only bid up to €900, leaving us with another €400k for a Fertighaus. I am about 99.9% sure that our chances are long gone, however there are pockets in Germany where you can find cheap houses (like Landau an der Isar). Maybe we will just move someday.
  10. Hey Straightpoop, thanks for your suggestion. I could also do index funds with a broker like Fidelity or the German equivalent, right? Or would you recommend also an app like Trade Republic?
  11. Ok well if that is the case, does Germany offer something similar to a Roth IRA?    Otherwise I guess I can just open a taxed account rather than an IRA. I have to do something anyway to prepare for the future. We wanted to buy a house here in Germany, because they are basically tax free, but they are simply too expensive for us. What alternatives are there here?
  12. Hey guys, I am starting a bit late with wanting to start a Roth IRA, but I think it's better late than never.   I have been living and earning in Germany since 2007, and have not earned in the states until 2018, when we bought a house in my hometown, which we rent on AirBnB. So, we do have some income in the USA, that is taxable (however, the earnings are lower than the minimum taxable amount). With that being said, I should be able to open a Roth IRA, and contribute into that, at least up to the amount we earn with our AirBnB, right?    I know that we would pay taxes if withdrawing from the IRA from Germany, but I suspect we will spend 50% of our time in the states, and 50% in Germany, in retirement. I am not sure if Germany can tax our withdrawals if we take them while physically present in the states.   Any thoughts on this?
  13. Bavaria and the real estate bubble

    I honestly gave up hope waiting. Houses are too expensive for this software engineer, so we set our sights on an apartment. They were going for about €5.000 per square meter over the summer where we live, now they have jumped up to €7.000 to €8.000 all of a sudden.   I think the problem is, everyone who is rich needs to invest their money. Since they are getting nothing on the banks, and stocks could be volatile, I think most of them are pouring their money into real estate, driving up the prices out of reach of normal people. I don't think the prices will stabilize until these rich people have invested all their extra money, and who knows how long that will take.    Another thought -- so many houses are owned by older people around us, and they are already paid off. Many others who recently built inherited the lot, or €250k from their parents, so they are not in danger either. I think it is such a minority of people who might lose their houses due to unemployment, that it will have no effect on this "bubble".
  14. Bavaria and the real estate bubble

    I've been watching the real estate market here around Rosenheim the last three years, entertaining the idea of buying a home. With ultra low interest rates and fear of inflation and currency reform, many people want to transfer their savings into Betongold. As a result, an ordinary single family home in our village of 6000 people costs half a million euros, whether old our built new. The housing prices have been rising at 5-10% per year.   I wonder how long the real estate market can keep this high? I feel that if interest rates can no longer be artificially suppressed that enough people will have to default, vacating possibly enough homes to bring the local market back somewhat to realistic rates.   Would anyone with more experience in this arena like to weigh in? Should I force buying a house now, or cross my fingers for a more favorable buyers market in the distant future?