this post was submitted on 22 Dec 2024
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Its also really surprising to me that western europe, especially germany, being a front line of the cold war, doesn't have higher home-ownership rates. These are very rich imperial-core countries, which had huge infusions of resources from the US to raise standards of living after WW2 and provide a more appealing "alternative to communism". Yet home-ownership is still pretty low in a lot of these welfare states.
Very rich global powers = exploited working class. Simple as that. German houses are very expensive to buy and most regular Germans have to save a lifetime to buy.