4 ms·
I think the economic tradeoffs in buying a house are pretty country specific. For example, renters in Germany have very strong legal protection. It is very diff
by netrus 6y ago
I think the economic tradeoffs in buying a house are pretty country specific. For example, renters in Germany have very strong legal protection. It is very difficult for your landlord to kick you out, or raise the rent dramatically. I could certainly afford to buy the flat I live in, but I prefer to have the money invested in the stock market instead, and have someone to call (who also pays for) any problems. I also lived in rented apartments in France and UK, and it felt significantly different: Limited-term contracts, poor maintenance, (poorly) furnished - I would not want to live that way forever (of course, I choose these contracts because I only intended to stay for a limited time).
- burntoutfire 6y agoInterestingly, in Poland, it's the renter who is responsible for taking care of all problems, except structural ones and perhaps stuff like mold. Everything else is on the renter, and he is expected to return the house in "no worse" condition on the lease's end - meaning, repairing all the white goods in the house if they break etc.
- llampx 6y agoGermany takes care of that problem by not supplying a kitchen or any white goods at all when renting an apartment. Of course, exceptions apply and some landlords do offer an EBK (fitted kitchen) when renting.