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While I agree in general, I don't think it's as easy as urban-rural. Germany has some cities with extreme housing prices, notably Munich, but the discrepancy is
by ketzu 7y ago
While I agree in general, I don't think it's as easy as urban-rural. Germany has some cities with extreme housing prices, notably Munich, but the discrepancy is big within the group of larger cities as well.
I can't say much about my friend group, as we don't talk about buying houses often. The few I talked to have an even split between the ones that want to buy (or just did) and the ones that don't even want to, even though we're in an income segment where it would be affordable.
I was surprised to find that home-owner rates in Germany have been quite low compared to other countries, but I couldn't find data before 2005 (it was 51-55% overall). It's really interesting to look into these kinds of things!