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That's why Germany has some of the highest homeownership rates in the world! Oh wait... Turns out encouraging illiquidity, high entry costs, and limiting peop

That's why Germany has some of the highest homeownership rates in the world! Oh wait... Turns out encouraging illiquidity, high entry costs, and limiting people's options when it comes to selling without paying extortionate amounts of taxes doesn't actually do that.

thiago_fm 3y ago
That is cultural; Germans are risk-averse, and buying a property is a huge risk. Americans are the ones that take home buying as low risk when divorce rates are really high and there's a huge "forced seller" probability on every new home bought.