> That's why in cities like Hamburg you can have €1000 monthly rentals but purchasing an equivalent house would be 1200000€ What? no. Absolutely not. The house

> That's why in cities like Hamburg you can have €1000 monthly rentals but purchasing an equivalent house would be 1200000€ What? no. Absolutely not. The houses or flats you get for 1.2mm will be more like 3-4k a month if you're renting.