Podcast Episode: 100k Dollars Debt After College?! Money & Finances in Germany vs. USA ▸https://youtu.be/iptPR7XZSPg
Inside the Home: Germany vs. USA ▸https://youtu.be/k5jQEWpkt9M
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0:00 Intro
0:27 Germany – nation of renters
1:58 Homeownership in numbers
4:58 Reasons for low German homeownership
13:21 Personal Experiences
15:33 Summary
16:02 Your input!
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Links/sources:
– https://qz.com/167887/germany-has-one-of-the-worlds-lowest-homeownership-rates/
– https://www.focus.de/immobilien/fast-die-haelfte-wohnt-zur-miete-so-wenig-hausbesitzer-wie-nirgendwo-warum-deutschland-schlusslicht-in-der-eu-ist_id_12774899.html
– https://www.sueddeutsche.de/geld/immobilien-warum-die-deutschen-mieten-statt-kaufen-1.1645266
– https://russianvagabond.com/how-much-is-rent-in-germany-average-rent-prices/#:~:text=Average%20cost%20of%20rent%20in,for%20a%20one%2Dbedroom%20apartment.
– https://www.bundesbank.de/resource/blob/796280/5eaebf3d73e4fdde961bd1dacab852f3/mL/2019-04-vermoegensbefragung-data.pdf
– https://read.oecd-ilibrary.org/economics/how-s-life/housing-conditions_9789264121164-6-en#page1
– https://www.bundesbank.de/en/publications/research/research-brief/2020-30-homeownership-822176
– https://www.brookings.edu/essay/germany-rental-housing-markets/#:~:text=Germany%3A%20A%20nation%20of%20renters,housing%20in%20the%20postwar%20period
– https://www.theguardian.com/money/2011/mar/19/brits-buy-germans-rent
– https://www.iamexpat.de/housing/real-estate-news/most-googled-why-do-germans-prefer-renting-rather-buying-house
– https://de.statista.com/statistik/daten/studie/171236/umfrage/immobilienbesitz-in-haushalten/#:~:text=Umfrage%20zum%20Immobilienbesitz%20in%20Deutschland%20nach%20Art%20der%20Immobilie%20bis%202021&text=Im%20Jahr%202021%20gab%20es,sie%20selbst%20ein%20Einfamilienhaus%20besa%C3%9Fen.
– https://www.faz.net/aktuell/finanzen/meine-finanzen/sparen-und-geld-anlegen/immobilien-hausbesitzer-bleiben-in-deutschland-in-der-minderheit-16143807.html
– https://www.statista.com/statistics/1063502/average-monthly-apartment-rent-usa/
Picture credits:
Plattenbau: Gunnar Klack (CC BY-SA 4.0) https://en.wikipedia.org/wiki/Plattenbau#/media/File:Wohnsiedlung-Wassertorplatz-Bergfriedstr-Berlin-Kreuzberg-Okt-2016.jpg
Plattenbau 1987: Bundesarchiv, Bild 183-1987-0128-310 / CC-BY-SA 3.0
Altbau Mietshaus: Jörg Zägel (CC BY-SA 3.0) https://commons.wikimedia.org/wiki/File:Berlin,_Mitte,_Fehrbelliner_Strasse_49,_Mietshaus.jpg
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ABOUT ME: Hallo, Servus, and welcome to my channel! My name is Felicia (Feli), I’m 28, and I’m a German living in the USA! I was born and raised in Munich, Germany but have been living in Cincinnati, Ohio off and on since 2016. I first came here for an exchange semester during my undergrad at LMU Munich, then I returned for an internship, and then I got my master’s degree in Cincinnati. I was lucky enough to win the Green Card lottery and have been a permanent resident since 2019! In my videos, I talk about cultural differences between America and Germany, things I like and dislike about living here, and other topics I come across in my everyday life in the States. Let me know what YOU would like to hear about in the comments below. DANKE 🙂
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