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15 sats \ 3 replies \ @mixoo 22 Dec 2023 \ on: Germany: Real Estate Bubble Is Bursting econ

Finally.... German Millennials have waited for this for quite a while...

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10 sats \ 1 reply \ @GhostofTruth OP 22 Dec 2023

And they should wait some more years before they run to the banks and into tje debt trap

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0 sats \ 0 replies \ @mixoo 22 Dec 2023

Agree

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0 sats \ 0 replies \ @orthzar 22 Dec 2023

If they're employed for long enough to pay-off the mortgage -- then they might get to become home owners. But any hiccup (e.g. a few years of un-employment) and they'll be nothing more than renters with a lot of debt.

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