in germany people live for a very long time in the same rented apartment. 20-30 years is common, as i understand it. homeownership is not seen as a “goal”. i think adding an axis for tenancy length would be useful.
In Germany a lot of people can afford a mortgage, but they choose not to buy. It’s in part culture and fear of commitment, in part a need for high mobility within the country.
It is a goal as far as I can tell from my social environment. It’s just financially unachievable for most of them and me.
Heck, my brother-in-law works at VW in a rather high up position and still says it’s not realistic to them. At least not without moving to a different state.
In Spain at least, a lot of ppl live in what looks like highrise apartment buildings, but many are actually condos owned out right. I’m surprised that’s not more of the case in France and Germany, just letting landlords gobble up real estate like the US.
A highrise just means any tall building, with enough floors to make an elevator required.
Housing highrise buildings can either have apartments for rent, or condos sold outright (usually with some kind of a homeowners association that takes care of utilities, trash, etc that you have to pay recurring fees to).
In my country (the US), highrise condos exist but are much rarer than every other form of housing. In Spain I saw a lot of highrise condo buildings, some of the condos even had two floors. Imagine a mansion inside of a highrise building, pretty neat.
Spain is a lot like the big cities of India than. I have recently seen ads for duplex highrise apartments here as well, but prohibitively expensive for me.
There is a subsection of the population mostly made up of pensioniers that occupy flats with ~30-70 year old renting contracts that mean through a web of interdependent laws they pay reasonable accomodation for their dwellings, close to, sometimes under, maybe slightly over upkeep.
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact. Homeownership in germany is not seen as a goal on account of people having given up on a pipedream they’ll never reach anyways for the most part. It’s basically not possible for large swathes of the population born in the 1980s and onwards.
Incidentally, germany is a hotbed of money laundering and storing for organized crime in the EU because the laws around buying and selling houses are set up in a way that makes it incredibly easy to basically nullify any search and discovery or building enforcement on them because as it stands it pits, if I transliterate to an americanized audience, Cletus the slack jawed Yokel from Nowhere, PA against Shadow Housing Dealings S.A.R.L. (registered to a cyprese postbox that currently resides at the deep end of the mariana trench). Nothing will ever be done about this because the same laws also benefits people like former health minister / organized crime head Jens Spahn when he is gifted a multimillion flat that not even convicted journalists can get info on
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact.
It is very possible to create more coop and state housing
this misses an important point i think.
in germany people live for a very long time in the same rented apartment. 20-30 years is common, as i understand it. homeownership is not seen as a “goal”. i think adding an axis for tenancy length would be useful.
Literally nobody I know is happy renting. They’ve all just accepted they can’t afford buying.
In Germany a lot of people can afford a mortgage, but they choose not to buy. It’s in part culture and fear of commitment, in part a need for high mobility within the country.
It is a goal as far as I can tell from my social environment. It’s just financially unachievable for most of them and me. Heck, my brother-in-law works at VW in a rather high up position and still says it’s not realistic to them. At least not without moving to a different state.
In Spain at least, a lot of ppl live in what looks like highrise apartment buildings, but many are actually condos owned out right. I’m surprised that’s not more of the case in France and Germany, just letting landlords gobble up real estate like the US.
What is the difference between a condo and a highrise ?
A highrise just means any tall building, with enough floors to make an elevator required.
Housing highrise buildings can either have apartments for rent, or condos sold outright (usually with some kind of a homeowners association that takes care of utilities, trash, etc that you have to pay recurring fees to).
In my country (the US), highrise condos exist but are much rarer than every other form of housing. In Spain I saw a lot of highrise condo buildings, some of the condos even had two floors. Imagine a mansion inside of a highrise building, pretty neat.
Spain is a lot like the big cities of India than. I have recently seen ads for duplex highrise apartments here as well, but prohibitively expensive for me.
There is a subsection of the population mostly made up of pensioniers that occupy flats with ~30-70 year old renting contracts that mean through a web of interdependent laws they pay reasonable accomodation for their dwellings, close to, sometimes under, maybe slightly over upkeep.
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact. Homeownership in germany is not seen as a goal on account of people having given up on a pipedream they’ll never reach anyways for the most part. It’s basically not possible for large swathes of the population born in the 1980s and onwards.
Incidentally, germany is a hotbed of money laundering and storing for organized crime in the EU because the laws around buying and selling houses are set up in a way that makes it incredibly easy to basically nullify any search and discovery or building enforcement on them because as it stands it pits, if I transliterate to an americanized audience, Cletus the slack jawed Yokel from Nowhere, PA against Shadow Housing Dealings S.A.R.L. (registered to a cyprese postbox that currently resides at the deep end of the mariana trench). Nothing will ever be done about this because the same laws also benefits people like former health minister / organized crime head Jens Spahn when he is gifted a multimillion flat that not even convicted journalists can get info on
It is very possible to create more coop and state housing
Might also have something to do with tenants having so many rights that they just don’t have many of the disadvantages they’d have in other countries.