this post was submitted on 06 Sep 2023
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[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

No, maybe you are in a more wealthy environment. It is not possible that everyone has multiple flats to rent out. In fact, Germany has one of the lowest ownership rates.

https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

Where did I say "everyone"?

But it is defintly not a given that an apartment has to be the tool of a slum lord, the way they portrayed it to discredit the idea that appatments are a more sustainable way of living...

Apartments can be owned by the people who live in it and this is quite common in many countries.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

If one person rents out 4 appartments, that means that at least 4 others do not own their home. It's the same with houses of course.

Germany is just a particularly bad example unfortunately. Low ownership is a problem because it increases wealth inequality, which is also worse in Germany than many other nations.

[–] [email protected] 1 points 1 year ago

Low ownership is a problem because it increases wealth inequality

True, but even here their statement that "all of those apartments are owned by one person" is far from a given. Especially with new developments this is rarely the case, even here.