[constantcrying]

>Maybe what we need is a property price crash.

What is needed is a steady decrease in demand or an increase in supply.

The cost of living crisis is directly caused by the huge bureaucracy needed to build new housing. And speculators are benefiting from that. As long as governments are unwilling to let go of regulations housing costs will only increase.

[brewdad]

There is no appetite for increasing supply anywhere in the West. Maybe Trump will get us into WWIII and we can shift the demand curve.

[constantcrying]

>There is no appetite for increasing supply anywhere in the West.

Every single person who currently is looking to rent or buy a house has appetite for increasing market supply.

[vkou]

None of those people have enough political power.

[constantcrying]

In Germany it is somewhere around 55% of the population.

[jonp888]

In Germany lifelong renting is seen as a normal and acceptable thing to do, not a temporary stepping stone which will hinder you from achieving your life goals.

[constantcrying]

No it is not. A house is just totally impossible to finance with the average salary of two people, especially if you have children or a car.

[vkou]

In the US, it's a lot less than that.