[lifestyleguru]

This never works in real economy with real people. Even in Germany with very rigid address registration laws people invest in real estate like there's no tomorrow.

In other countries with lax address registration laws like Poland, real estate can be the only investment vehicle without capital gains tax. Yes, if you sell real estate in Poland after 5 years you pay zero capital gains tax and anyone can buy (please invest and make that mofo pop). Opposite to every other investment vehicle from bonds to shares to even currencies where the capital gains tax exists.

It's just pure rectified human greed.