Isn't Germany experiencing a housing shortage — and soaring rents — in their major cities? That aside, I'm not convinced that encouraging home ownership is bad

Isn't Germany experiencing a housing shortage — and soaring rents — in their major cities? That aside, I'm not convinced that encouraging home ownership is bad policy. Home ownership is a direct personal investment in your community, a means of securing one's most base human needs. If people are not building equity in their own homes, someone else is — why is that a superior outcome?