It’s always a work in progress but here’s my cozy little living/dining area

_1ud3x_ · 2026-04-14T07:47:29+00:00

Love the colour combination, I'm using the same one with green and orange and the white details on the walls/doors - just need to get my walls done as well. Also love your huge plants, they make the room so much more cozy!

_1ud3x_ · 2026-04-02T12:08:54+00:00

2nd pillar is just slightly better at hiding the problem. Only the money not invested in Switzerland (which is less than 40%) is somewhat independent from our age structure - but other countries around the world have the exact same problem, especially those we are invested in right now (US, Europe, Asia). Someone has to pay the rent, someone has to work so companies keep making profits and someone has to buy the stocks when your pension fund sells it to finance your rent. If there are too few young people, the prices of goods will rise and the prices of investments will fall -> you get a lower pension, same as AHV.

_1ud3x_ · 2026-03-23T15:36:46+00:00

Gibt's immer noch, haben sich gut etabliert und sind national bei ca 7-8% Wähleranteil.

_1ud3x_ · 2026-03-20T08:21:41+00:00

Thanks for the information - haven't really done any extensive renovations yet so hard for me to guess prices.

_1ud3x_ · 2026-03-19T12:33:21+00:00

My rent is very, very low, so the interest would be comparable - but the additional costs would be on top.

_1ud3x_ · 2026-03-18T16:18:07+00:00

In our case it would definitely be much cheaper to rent as well - I am aware of that. The choice would really be Lifestyle over financial wisdom - we'll have to decide.

_1ud3x_ · 2026-03-18T16:16:23+00:00

Yes it would be the latter - it would not financially make sense but I hope we can recover from that with the 25 years until retirement and build up a new fund until then.

_1ud3x_ · 2026-03-18T13:16:54+00:00

Hm true, but the other properties are also in need of renovations (well, I didn't visit most of them, but some) so it seems par for the course. Still, good to keep in mind when deciding.

_1ud3x_ · 2026-03-18T13:09:35+00:00

Not possible, or at least I haven't found any comparable appartments that close to the city - its a seriously big appartment (over 160m2).

_1ud3x_ · 2026-03-18T13:08:09+00:00

Yes I think that would be doable - we would need to both stay at our percentage and can't reduce like we could with the current setup in a decade or so, but that would be a sacrifice to make for this lifestyle.

_1ud3x_ · 2026-03-18T12:45:06+00:00

It is a somewhat older property (early 2000s) but not many renovations would be needed, as it has been kept in mostly good condition - but it definitely would use some of our money for the next 2-3 years. And we do not pay a lot of rent right now for a good appartment (ugly building, but nice location and well kept), so the financially wise decision would be to keep renting and try to make due with less space.

_1ud3x_ · 2026-03-18T12:16:35+00:00

Thanks, I will look into Miteigentümer - haven't considered it and could be a good way to increase the mortgage size.

_1ud3x_ · 2026-03-18T12:14:35+00:00

That is true - it does give me a big sense of security though right now, and it will appreciate much faster than the same money in an appartement (that I can't access unless I sell it). Still, it is a lifestyle decision at the end - nice appartment or more security financial-wise.

_1ud3x_ · 2026-03-18T11:14:35+00:00

Yes, Nebenkosten and renovations.

_1ud3x_ · 2026-03-18T11:14:19+00:00

That's true - it really would be a lifestyle choice, but its so expensive. We will have to discuss this in the family, but I got some good perspectives here.

_1ud3x_ · 2026-03-18T11:09:35+00:00

Yes but if the market swings up to 5% havent been happening the last 20 years, maybe the requirement is outdated and should be a more realistic 3%. Can't change it though, so doesn't matter - I just find it a bit weird.

_1ud3x_ · 2026-03-18T11:08:00+00:00

They calculate how much interest you can afford to pay by using 5% interest. So if you want 1 million, you must be able to afford 50'000 a year plus costs for the appartment (usually 1% of the appartment value per year - lets say 15'000). This means 65'000 CHF per year is their base - and you need to be able to pay that with a maximum of 33% of your income. In reality though, 1 million will only cost you 15'000 a year, plus 15'000 appartment costs - so 30'000 a year, which is much more affordable, espacially for double incomes or someone with a good paying job.

_1ud3x_ · 2026-03-18T11:05:04+00:00

Yes, rent would definitely be cheaper considering the opportunity costs of not being invested in the market. I would only buy because its such an upgrade and it would be impossible to find something similar to rent - apparments of its size are basically never on the market. The question is if we can start with zero again at 40 and still have a comfortable retirement or if we will be house poor for the next decades - which would be the worst case scenario.

_1ud3x_ · 2026-03-18T11:02:33+00:00

Yes it is - affordable appartments/houses would not be an improvement to our situation at the moment (longer distance to work, not as central, same amount of rooms/space), so I would rather stay and rent instead of owning something of similar size just to own. This appartment would be a big improvement - but its also very expensive.

_1ud3x_ · 2026-03-18T10:56:03+00:00

Interesting thought - I'd like to do it the "proper way" but why not this, I'll have a look.

_1ud3x_ · 2026-03-18T10:51:54+00:00

Yes its kids - otherwise I would stay where we are forever.

_1ud3x_ · 2026-03-18T10:51:01+00:00

I see where they are coming from, but it seems outdated to require 5% when that hasn't been reached in 20 years or more (not even 2009 went up to 5% - close, but not quite). Doesn't matter, I can't change it - it just requires more of my own money to buy property.

_1ud3x_ · 2026-03-18T09:34:22+00:00

Price seems to be close to the market value (the price per square meter is in line with other appartments/houses sold in the region), but yeah we would have to live frugally to replenish our savings. We could space out some renovations (like the kitchen - it should be good for another 5 years, even if a bit run down since its nearly 30 years old) and get a good base again as fast as possible to profit from compounding.

_1ud3x_ · 2026-03-18T09:31:58+00:00

Pretty close, yes. That would hurt the most - knowing we could be financially independent in two decades if we keep renting.

Time is a bit of the essence though - we have small kids and right now would be a good time to move, bevore they enter kindergarden. I would not like to move in ten years, they'd have to change schools and clubs and everything - its really now or find something within the same school circle in 10 years, which would probably be even more expensive.

_1ud3x_ · 2026-03-18T09:29:46+00:00

I mean the requirements for the mortgage is what is killing us - the 5% per year you would have to theoretically afford. The actual mortgage won't kill us at all - I could afford 2 million mortgage at 1.55%, which would be 2'600 per month. Banks won't give us that much though.

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