filister , 7 months ago

What terrifies me is how things will progress in the future, when you are in an active working age you can afford that rent but when you get to pension, the income of many people will plummet substantially and I can only imagine that a lot won’t be able to afford paying their rents especially in big cities. And I am extremely disappointed that government after government does very little if anything to alleviate this situation. Especially in Germany when the majority don’t own their own places, this will be devastating.

Not to mention that increasing rent and purchase prices benefit very few and definitely not the economy, when people have progressively less disposable income at the end of the month. It is also bad for the young people who would be hard pressed to live with their parents for longer because of the high rent prices.