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A comment on Owning nothing is now a luxury, thanks to a number of subscription startups. Parent comment

Re:Owning nothing is now a luxury, thanks to a number of sub... by pintxo on Tuesday June 11, 2019 @03:39AM (#20153605)
I'd argue that the connection is that owning real estate here is not as heavily supported by the overall tax and financial framework. Two examples: Mortgage payments are not tax-deductible and and you are personally on the hook for the mortgage, as in you cannot send the keys to the bank and simply walk away without debt.
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Re:Owning nothing is now a luxury, thanks to a number of sub... by pjc50 on Tuesday June 11, 2019 @07:56AM (#20154616)
Those are also true of the UK with its massive property bubble, although curiously landlords can deduct mortgage from tax but owner-occupiers can't.

I think the real difference is that Germany has proper tenant's rights and a functioning social landlord system.

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