Re:Baby boomers are becoming homeless at a rate not seen sin...
by mcntsh on Monday September 25, 2023 @11:12PM
(#37653856)
It was easier for me to find a rental in NYC than in was in Berlin so I wouldn't really say Germany is ahead there either. Maybe if you got a rental 10 years ago? German rental markets are price-controlled which means extreme shortages because... surprise surprise... Germans don't build either.
You're again quoting income vs the price to buy property. You're arguing against a strawman with that.
The argument is about the cost to rent, combined with the monetary and opportunity cost of commuting associated with that.