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Mortgages are harder to get due to the amount banks have historically loaned against the property value, drive in demand and associated increase in property val
by Zenst 7y ago
Mortgages are harder to get due to the amount banks have historically loaned against the property value, drive in demand and associated increase in property values see that 30-50% deposit being beyond the many. So you will naturally see a rise in the Us vs Them play out, with Landlords being low hanging fruit targets for such angst when the issue is system that has been historically welcome of renting culture and now pensions being seen more as bricks and mortar over anything else. That first step upon the property run is a huge step and it is that, which is always the area needing solutions. But if the people drive that angst at Landlords, they become a low hanging fruit for the Government. So you see solutions to the effects and not the cause.
Germany is not unique in this, it is a growing problem in many parts of the World.