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People in Germany are happy to rent for life. Could Australians ever feel the same?

Key Points
  • Germany has one of the lowest rates of home ownership in Europe. Less than half of the country are homeowners.
  • Experts say this is largely driven by regulatory systems that produce incentives to rent long term.
  • In contrast, Australia’s rental and regulatory systems are based on the notion that renting is transitional.
Germany has one of the lowest rates of home ownership in Europe, with only 49.1 per cent of Germans owning their own home.
Experts say this is largely driven by housing policies that produce incentives to rent, such as indefinite tenancy agreements.

In stark contrast…


Read more on sbs.com.au

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.

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