MTZWhere is my filet knife?
mr_annyis there no housing crisis in Europe anymore? have i missed the memo and forgot to afford a house?
Okay, I’m curious, how exactly do you think landlords affect your ability to buy a house?
I would look at things like “supply and demand” to answer that question.
I don’t get it. Landlords don’t buy houses. They mostly buy apartment blocks. At least in central europe, where I’m located. It’s usually not lucrative enough to invest money into a house to rent it back out for like 1500€ - 2000€ a month when you can invest the same amount into an apartment block, have 10 apartments and make like 800€/apartment.
Also, in germany specifically, the problem isn’t landlords. It’s extremely restrictive and confusing building regulations that are extremely hard to fulfill. Well, and the prices for raw materials are currently through the roof aswell. No idea how it’s in other european countries tho.
addiksYes, they do (or they buy the land and build new houses). I live in a rented house right now in northern germany. Most of the houses in my Siedlung are rented. My Landlord owns more than a few of them.
To buy a house around here you need upwards of 400k€ (there are cheaper houses, but then you will spend a TON of money into Sanierung), and for a credit of that size the bank wants an Eigenbeteiligung of around 50k€, I dont have that kind of money laying around, so renting it is. Luckily my rent is still kinda cheap at about 1200€/M.