>I assume Germany/Europe is having or will have the same housing rental/ownership price explosion as USA? Ha, joke's on you. Home ownership in Germany (and mos

>I assume Germany/Europe is having or will have the same housing rental/ownership price explosion as USA? Ha, joke's on you. Home ownership in Germany (and most of the developed EU) is far more expensive than in the US when you factor median wages to median real estate prices ratio. Americans complain a lot but real estate there is far more in reach for the average skilled worker than it is in Germany for example. The price per square foot/meter in Munich or Paris is nearly the same as in the Bay Area yet wages here are half to a quarter of that of the US workers. It's insane. Rentals in Germany are more affordable, but that's only if you get a place in the 80 person queue who signed up for the apartment viewing within the first hour since the listing went up online. Apartment hunting in places like Germany or Sweden is a meme on its own.