Discover Cartographic Marvels and Navigate New Worlds!
Rules
cross-posted from: https://feddit.de/post/3912911
Germany has around 10% in additional costs (taxes, realtor) for buying property. No matter if it's your first or hundred property, no matter if you want to use it yourself or for being a landlord or leave it empty to use it for money laundering. This plus the inflated prices make it really difficult for the average to buy these days. Thank you conservatives and libertarians, the invisible hand of the market fists us again
Here in Denmark laws are pretty good, and protect renters. We also have a system that I can best translate as "housing to benefit the communality", that is a semi public system to provide cheap housing for ordinary people (originally workers).
That might explain why we have a relatively low degree of home owners.
On the other hand, AFAIK Sweden did a lot more than we did in the 70's and 80's to provide cheap rental housing. Yet they have more home owners?
As it should be!
Ah yes, people in the "richest" countries have it the worst, wonder how that happened. As a german i really just want to leave this shithole and move to Scandinavia already
How is not owning property equal to 'having it the worst'? Its also not financially viable to own property, renting is actually the smart choice.
Even though i'm not particularly proud of that comment in general (as stated below), how in the world is it a good thing to not own property?
Where i live real estate is still a great investment but i'm genuinely interested why you think renting is a better option?!
I wouldn't say it's a good thing to not own property but it isn't inherently worse. I personally have 0 want to own the place i live in since I doubt I will ever feel like settling down forever, and there's some additional management overhead that as a renter I don't have to deal with (of course I end up paying for it).
I actually find this idea that "being unable to buy your own place to live = really bad" like that is everyones normal life goal to be a bit weird, though I do agree it's rather indicative of a general problem of inflated prices for living space (and I also think it should be an option bc there are some advantages to owning your own place that you would not be able to have with alternative systems that I'd personally be perfectly happy with such as 100% government owned housing).
Respect that preference but I didn't say "really bad", I said worst (in comparison to other countries).
I don't think you would decline if someone gave you a house. You can always rent it out, hire someone to manage it and probably still have some cash left over.
If there weren't greedy, demented landlords all over the place (I got really fucked in that regard multiple times) and tenants were properly protected against insane price hikes, there's absolutely nothing wrong with renting. Glad it worked out for you so far but that's not the reality I live in.
The color scale was so close to perfection and then there’s blue... Why not ⚫🟤🔴🟠🟡🟢?