- cross-posted to:
- mapporn@lemmy.world
- cross-posted to:
- mapporn@lemmy.world
Yes, and that is exactly the reason why the energy transition in the heating sector (insulation, conversion to heat pumps, etc.) is proceeding so slowly in Germany! - The incentives for landlords to invest in energy-saving measures are simply non-existent if increased heating costs (higher gas prices) can always be passed on to the tenants anyway…
Just for a comparison 65.9% for the USA. https://ipropertymanagement.com/research/homeownership-rate-by-state the worst states aren’t under 50%.
the worst states aren’t under 50%.
I wouldn’t necessarily classify private home ownership as good or bad.
For one, there are different styles of living and if you need something small or need to move a bit more often, renting often makes more sense.
Then there’s the more fundamental question if private home ownership actually means exactly that — in many cases, the home is basically still owned by the bank. The mortgage crisis hit really hard in countries with supposedly high home ownership like the US and Spain.
I wonder if it plays a role in mid/eastern europe that many work in Germany etc and are then able to afford a house in their homecountries.
It’s just not common in Germany to buy apartments. People either rent, and if they want to buy, they buy a house. Most apartment buildings belong to big companies and not to smaller landlords, making it also not cheaper or in any way attractive to buy an apartment.
In Eastern Europe apartment ownership is very common on the other hand. All the old Soviet blocks have individual ownership of each apartment in it, and the buildings are maintained by groups of people who own the apartments in that building (I forgot the word, not a native English speaker, sorry. But basically like a union out of each owner in the building, there’s monthly meetings to decide stuff etc). Landlords usually will not be big companies like in Germany, but just private persons who have had the apartment in their family for a long time. This also makes it easier to buy an apartment, if you don’t want to rent.
It’s just very different structures and mentalities. When I still lived in Germany I found it stupid to ever buy an apartment and would have just rented forever, since house prices are astronomical. Now I live in Eastern Europe and it took some time to adjust, but it’s really just the norm here to buy or own an apartment at some point in your live and most natives I know here own one, or live in a place that a family member owns.
Most people in Germany simply can’t afford to buy an apartment, let alone a house.