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A comment on Germany to Pass Japan as Third-Largest Economy, Helped by Weak Yen. Parent comment

Re:Germany to Pass Japan as Third-Largest Economy, Helped by... by hef19898 on Tuesday October 24, 2023 @12:30PM (#38001531)
Germans lag everyone in terms of home ownership, we are a nation of people renting appartments. Which explains the gap, the same way it did decades ago, the first time I remember people being confused by that statistic...
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Re:Germany to Pass Japan as Third-Largest Economy, Helped by... by dauertewigkeit on Tuesday October 24, 2023 @03:05PM (#38003712)
Wealth is wealth, and if you do not own a house and do not have 450k € extra in the bank compared to the home owner than you are poorer, literally.
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Re:Germany to Pass Japan as Third-Largest Economy, Helped by... by hef19898 on Wednesday October 25, 2023 @02:44AM (#38009922)
You don't have 450k of course. You do have, say, 150k without a mortgage.
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