News for hackers. Stuff that matters.

A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by clippablematt on Wednesday November 24, 2021 @05:28PM (#29335919)
Much of Europe has to rent for life, but isn’t happy about it.

(at least in my experience of like everyone I know).

[ Parent | on HN ]
Re:Low interest rates in advanced countries have pushed mone... by sokoloff on Wednesday November 24, 2021 @05:44PM (#29336060)
I’ve got a couple close friends who relocated to Europe and many colleagues. All are in high-tech and all seem perfectly content to rent (which I don’t understand but my close friends assure me it’s the case [and when something breaks or leaks in my house, I do understand some of the appeal]).
[ Parent | on HN ]
Re:Low interest rates in advanced countries have pushed mone... by csomar on Thursday November 25, 2021 @06:53AM (#29340552)
Maybe they are happy to rent because they are temporarily in Europe?
[ Parent | on HN ]
Re:Low interest rates in advanced countries have pushed mone... by zajio1am on Thursday November 25, 2021 @10:04AM (#29341941)
Not really. In EU, 70 % of population owns, while 30 % rents:

https://ec.europa.eu/eurostat/cache/digpub/housing/bloc-1a.h...

[ Parent | on HN ]