Why do so many Germans rent?
3 January 2012
In the UK for the last 60 years or so owning your own home was one of the major goals of most people, in Germany that’s not been the case, most prefer to rent, in Berlin across the capital around 88% on average rent rather than own, why is that and what makes owning the whole building they rent in such an attractive proposition.
In this article in ‘this week’ Richard Ehrman explores the changing face of mortgages and savings in the UK and Germany.
Read the full article click on logo or this link..
