Yesterday I went to my brother who bought a house to help renovate some stuff. Afterwards I visited my parents who live nearby and we talked about home ownership and how difficult it can be for our generation. They talked about their own financial situation and it became clearer to me how insane the current situation is.
They bought a house in a time where it was still pretty cheap to buy one. Got a good mortgage deal and everything. Their home value tripled in the last few years. They have now nearly paid of their mortgage over the course of 25 years and are basically sitting on top of 600k of their own money. The only thing they had to do for it was paying off their mortgage and not selling. For my brother to get the same percentage of return on his investment his house would have to be valued at 1.2 million euro within the next 25 years. For a simple terraced roof house. There is no way that will happen.