|
|
|
|
|
by saiya-jin
1152 days ago
|
|
You would be surprised how adaptable people are, everybody owning their house and this being some yardstick of success is very US-centric construct. Here in most of Europe its luxury with 2 faces - it costs significantly more of your money, time and energy to own it. Is it worth spending the little free time you have in your life with just plain stupid property maintenance? For me its a skill I happily delegate to (much) less earning fellows, and I spend that time with family, doing sports and adventures or just relaxing. Ie in Switzerland, due to way property taxes are setup, its very ineffective to fully own your house. To inherit is sort of curse or at least a burden, you usually immediately have to sell. Nobody apart from few whiny expacts complaints about it, people have actual lives to take care of and focus on much more important matters. |
|
Rates in European countries [1].
Rates in the US [2].
[1] https://www.statista.com/statistics/246355/home-ownership-ra...
[2] https://fred.stlouisfed.org/series/RHORUSQ156N