Re:Show HN: Should you buy a house and rent it out?
by spacesuitman2 on Saturday April 20, 2019 @07:29AM
(#19705955)
Which European countries?
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Re:Show HN: Should you buy a house and rent it out?
by MandieD on Saturday April 20, 2019 @12:46PM
(#19707496)
Germany, for sure - tenants usually own their own washing machines and most of the time, their own kitchens, including all appliances, cabinets and the proverbial kitchen sink. Tenants are essentially paying for the right to occupy the dwelling, and that’s about it.
Therefore rental price to purchase price ratios have historically been lower, as well as home ownership rates. Rents in desirable cities are going up faster than they had been, though, and Berlin has quickly gone from being one of the cheapest cities in the country to one of the most expensive.
Re:Show HN: Should you buy a house and rent it out?
by freshm087 on Saturday April 20, 2019 @11:26AM
(#19707016)
In Eastern Europe it's often the case. Worth mentioning however that plumbing services are much cheaper then in States, and there are usually no legal/insurance nuances which reapairing may bring in the US. So it's simply easier to call a plumber and have trouble solved then include a landlord into equation. Broken washing machine, or expensive furniture in most cases are on landlord, though.