Rucksackfranzose Posted November 28, 2023 Share Posted November 28, 2023 58 minutes ago, Dan said: I think the fact home-ownership is almost a pipedream for any youngster earning even an average wage unless they essentially sacrifice their livelihoods or get a big inheritance which is pure chance. Any society where that is the case has failed. First time I heard somebody suggesting Germany were a failed society. Over 50% of our population lives in places they loaned from landlords, not only since yesterday. Link to comment Share on other sites More sharing options...
Subscriber Dan+ Posted November 28, 2023 Subscriber Share Posted November 28, 2023 5 minutes ago, Rucksackfranzose said: First time I heard somebody suggesting Germany wwere a failed society. Over 50% of our population lives in places they loaned from landlords, not only since yesterday. I'm talking just getting any sort of place at all rather than specifically outright owning somewhere. To me you should be able to do that without having to make major sacrifice if you're earning an average wage. I'm not saying this is at all likely to be the case but I just think if it isn't then something is wrong. Link to comment Share on other sites More sharing options...
Spike Posted November 28, 2023 Share Posted November 28, 2023 1 hour ago, Rucksackfranzose said: First time I heard somebody suggesting Germany were a failed society. Over 50% of our population lives in places they loaned from landlords, not only since yesterday. Renting is more expensive than mortgaging in certain USA markets. My mortgage is less than my coworker’s rent, he just doesn’t have the liquid capital for a down payment. Link to comment Share on other sites More sharing options...
Hotspur Hannah Posted November 28, 2023 Share Posted November 28, 2023 When I graduated from University, I moved into apartments as I really was just starting out in my career and I didn’t have any Savings at that point. As I developed my career as a Fashion Designer in the company I am employed at, I was able to save some money, but still needed help from my parents to get my first home in which I live now. Now that my boyfriend is living with me a we share all the bills that come with owning a home, it is much easier with having two incomes paying for the costs and it is much less on having to rely on my parents unless something big goes wrong within the home. It is so difficult to get a good Savings as we would like to for a future and eventually get married and have children, but they cost a lot as well. Link to comment Share on other sites More sharing options...
Administrator Stan Posted November 28, 2023 Administrator Share Posted November 28, 2023 5 hours ago, Rucksackfranzose said: First time I heard somebody suggesting Germany were a failed society. Over 50% of our population lives in places they loaned from landlords, not only since yesterday. I think what Dan is getting at is how difficult it is with the stark difference in house prices and stagnant wages/wages not going up so people can afford to get on the housing ladder. Link to comment Share on other sites More sharing options...
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