Protip - no one ever got rich from wagejobs.
Every even remotely smart person made a few millions with Crypto or Tesler in the last years. We know 2. I was seconds from putting 90K in Tesler before it increased 10fold, didn't pull it off in the end, was too risky. So yeah, there is a looot of money in the system. I used to think we were rich, both as contry and persons but in fact we're poor. Prices have skyrocketed here as well. I wanted to buy an apartment and move to a better area because it's also becoming ghetto-tier here and host suffers from subhuman noises but lol, it would have barely be possible 5 years ago. Nowadays a real estate agent wouldn't even laugh at us with what we could put on the table. Interesting stuff starts at 1M. And I'm not talking about any luxury. Who can afford that? Obviously enough people. Additionally we're really fucked here with the overall housing situation. German population has increased by almost 2 fucking millions in the last few years thanks to our honored 'guests' from shithole countries around the world. To almost 85m now. They need accomodations but building has basically stopped since the pandemic 2020. No material due to supply chain disruption, insane prices for land, material and labor. Now additionally increased interest rates and even more insane new energy efficiency regulations which make building a house utterly unprofitable for investors and unaffordable for ordinary citizens. I have no idea where this will end but it won't end well.