When people talk about how renting is more common in Europe, they never mention the extensive protections renters have in those parts of the world. And they never mention that there are plenty of 1/2 bedroom apartments while in Ireland you are forced to share with mates or strangers in a 4 bedroom semi d. That or you rent out a whole house and only use 3 rooms.
Homeownership rate means the proportion of total housing in which the homeowner lives. You’ll often see in countries with 80+% homeownership rates that these are largely multi-generational or multi-family houses, where you have three or more generations of the same extended family living under the one roof.
Often it can be a sign of poverty, where people are too poor to move out of the family home, meaning they can’t move for work or education.
They just want you to accept it as normal and just get used to it
Homeownership rate in **selected** European countries.
Lol.
Graphs are fun depending on the data points you use.
Surprised they didn’t just cut everyone below us to show Ireland at the bottom tbh.
We’re pretty much spot on the EU average in Ireland.
69%.
Home ownership is still higher in Spain. They’re gonna overtake us soon on the way down.
Right now, its a far worse situation for young Spaniards than young Irish when it comes to home ownership.
It’s not that things aren’t bad in Ireland, but I get so frustrated by folk posting stuff like this and being seemingly oblivious to how there’s a global problem in almost every developed nation where a shortage of available, affordable home is chronic and common. It sometimes feels like this sub is filled with folk who think this is an Irish specific problem as opposed to a global problem.
At the end of the day someone has to own them – they cant all be rented.
I hate the theory that owning your own home, or car, or having a job, or being able to afford raw ingredients, or fuel, is some kind of weird kinky ask.
In all the countries in that graph they all have critically low birth rates, and Ireland is in free fall, because people don’t like bringing children into insecurity.
It’s one thing to pack up your own stuff and go when the “buy to rent” moron you’re renting from decides his wife wants a new ix35.
It’s another entirely to communicate that to a four year old.
My rent is more than double what my mortgage would be on my apartment. Therefore buying a house is vastly cheaper for irish people in the long run
If they want us to rent like Europeans they’ll need to introduce the same protections and options as renters living there, otherwise, fuck off
When people say everyone rents in Europe they mean everyone rents in Germany.
Said no one ever.
My mortgage on a 3 bed semi detached in the suburbs is 50% of what I was paying in rent on a 2 bed apt in a commuter town 20mins further away from the city. It’s not an obsession as much a smarter financial move for me and my family.
Yeah but house repossession is easy for failure to pay mortgage in Germany
Here it’s not worth the risk and time for a bank
Renting in Germany and Austria from personal experience is a very different story to here. You have a boatload of rights as a tenant, it is to all intents and purposes your place. Pets, guests, painting a wall, changing your kitchen? Gwan, you live there.
Also, specific to Vienna, you have government owned rentals that are cheap, can be inherited by the next generation with only nominal rent increases, can be further subsidised when you’re out of work or in retirement. If most of the capitol city can easily and comfortably rent, by themselves or with their family unit, there’s a lot less incentive to buy. Renting here means sharing with a bunch of strangers and getting a landlord’s permission if you want to take a picture off the wall. Doesn’t compare.
The reason I did everything possible to buy a house was that I felt very insecure while renting. If I was by myself, I would tolerate that, but being responsible for your family, it is very stressful. When we moved from Galway to Dublin, we signed Wednesday and moved Saturday, as the landowner wanted the house. In the case we hadn’t secure the house, we would be homeless.
In Greece tenants are protected from things such as eviction without proper reason, rent raise, etc and in any case, the process could take months, giving you enough time to plan and act.
Because we remember. And ownership of your own home is the defense against that.
Yeah, it’s a silly argument. Only the German-speaking regions rent for life in very large numbers (granted they make up a decent % as Germany is the largest EU country).
Even if we ignored the better tenant protections in these countries, i think home ownership for most people is a better model to strive for, for a number of reasons.
Really surprised by Denmark. the way my friends living there talk about it, i thought they had a good system for affordable housing.
Having a landlord class has tainted our media for a long time now.
The articles and people on the radio feeding us this line of we should be happy to rent were landlords.
Houses or one of the only thing that it makes financial sense to make a longterm invest in in Ireland from a tax perspective. If we could secure our future with other investments and rent that would be great but we are a long way from that.
Makes complete sense when you consider how shit the standards of rented accommodation are, how poor the value for money is and how weak the enforcement against bad landlords is.
1. If renting were cheaper than owning a house then cool
2. If there were enough places to rent right now then cool
3. In Ireland the rental stock for the most part is older houses, which means increased energy bills and usually a worse standard of living in general
4. We in general as a society learned from the famine that ownership is key, if you don’t own anything you are at the mercy of someone pissing from a height
Now compare that to a graph that shows the percentage of renters in those countries who are happy renting and have no interest in owning a home.
People who say these kinds of things remind me of people who talk about how it shouldn’t be considered a requirement that everyone should go to university. Like, sure but I’m willing to bet you sent your own kids to university/own your own house.
What’s wrong with wanting the security of owning your own home?
The older generation in Ireland have very little sympathy for the younger. I’m not sure why this is. It seems so radically different in other countries. I think that they think that people under 35 have had lives of sexual variety and are jealous. Of course the majority of men have not had.
Notice the countries with the highest level of ownership are ones where you can just buy a site and build yourself a house to suit you. It doesn’t need dual aspects or to conform to a design guide or need insane levels of planning
You will own nothing and you’ll fucking like it…… Bitch!
This seems off. I can confidently say that none of the millenials and Gen Zs have homes in Croatia.
I don’t mind renting, but rent is supposed to be cheaper than buying (in short term). That’s why ireland is so fucked up.
Just goes to show, how well slavery has fared in Europe
Not every European culture has the stigma of being dispossessed of their property by foreign land grabs.
Incredibly how much of this list seems to be driven by economic growth and a history of being behind the Iron Curtain
33 comments
When people talk about how renting is more common in Europe, they never mention the extensive protections renters have in those parts of the world. And they never mention that there are plenty of 1/2 bedroom apartments while in Ireland you are forced to share with mates or strangers in a 4 bedroom semi d. That or you rent out a whole house and only use 3 rooms.
Homeownership rate means the proportion of total housing in which the homeowner lives. You’ll often see in countries with 80+% homeownership rates that these are largely multi-generational or multi-family houses, where you have three or more generations of the same extended family living under the one roof.
Often it can be a sign of poverty, where people are too poor to move out of the family home, meaning they can’t move for work or education.
Note this list of countries with high homeownership rates: https://en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate
They just want you to accept it as normal and just get used to it
Homeownership rate in **selected** European countries.
Lol.
Graphs are fun depending on the data points you use.
Surprised they didn’t just cut everyone below us to show Ireland at the bottom tbh.
We’re pretty much spot on the EU average in Ireland.
69%.
Home ownership is still higher in Spain. They’re gonna overtake us soon on the way down.
Right now, its a far worse situation for young Spaniards than young Irish when it comes to home ownership.
It’s not that things aren’t bad in Ireland, but I get so frustrated by folk posting stuff like this and being seemingly oblivious to how there’s a global problem in almost every developed nation where a shortage of available, affordable home is chronic and common. It sometimes feels like this sub is filled with folk who think this is an Irish specific problem as opposed to a global problem.
At the end of the day someone has to own them – they cant all be rented.
I hate the theory that owning your own home, or car, or having a job, or being able to afford raw ingredients, or fuel, is some kind of weird kinky ask.
In all the countries in that graph they all have critically low birth rates, and Ireland is in free fall, because people don’t like bringing children into insecurity.
It’s one thing to pack up your own stuff and go when the “buy to rent” moron you’re renting from decides his wife wants a new ix35.
It’s another entirely to communicate that to a four year old.
My rent is more than double what my mortgage would be on my apartment. Therefore buying a house is vastly cheaper for irish people in the long run
If they want us to rent like Europeans they’ll need to introduce the same protections and options as renters living there, otherwise, fuck off
When people say everyone rents in Europe they mean everyone rents in Germany.
Said no one ever.
My mortgage on a 3 bed semi detached in the suburbs is 50% of what I was paying in rent on a 2 bed apt in a commuter town 20mins further away from the city. It’s not an obsession as much a smarter financial move for me and my family.
Yeah but house repossession is easy for failure to pay mortgage in Germany
Here it’s not worth the risk and time for a bank
Renting in Germany and Austria from personal experience is a very different story to here. You have a boatload of rights as a tenant, it is to all intents and purposes your place. Pets, guests, painting a wall, changing your kitchen? Gwan, you live there.
Also, specific to Vienna, you have government owned rentals that are cheap, can be inherited by the next generation with only nominal rent increases, can be further subsidised when you’re out of work or in retirement. If most of the capitol city can easily and comfortably rent, by themselves or with their family unit, there’s a lot less incentive to buy. Renting here means sharing with a bunch of strangers and getting a landlord’s permission if you want to take a picture off the wall. Doesn’t compare.
The reason I did everything possible to buy a house was that I felt very insecure while renting. If I was by myself, I would tolerate that, but being responsible for your family, it is very stressful. When we moved from Galway to Dublin, we signed Wednesday and moved Saturday, as the landowner wanted the house. In the case we hadn’t secure the house, we would be homeless.
In Greece tenants are protected from things such as eviction without proper reason, rent raise, etc and in any case, the process could take months, giving you enough time to plan and act.
Because we remember. And ownership of your own home is the defense against that.
Yeah, it’s a silly argument. Only the German-speaking regions rent for life in very large numbers (granted they make up a decent % as Germany is the largest EU country).
Even if we ignored the better tenant protections in these countries, i think home ownership for most people is a better model to strive for, for a number of reasons.
Really surprised by Denmark. the way my friends living there talk about it, i thought they had a good system for affordable housing.
Having a landlord class has tainted our media for a long time now.
The articles and people on the radio feeding us this line of we should be happy to rent were landlords.
Houses or one of the only thing that it makes financial sense to make a longterm invest in in Ireland from a tax perspective. If we could secure our future with other investments and rent that would be great but we are a long way from that.
Makes complete sense when you consider how shit the standards of rented accommodation are, how poor the value for money is and how weak the enforcement against bad landlords is.
1. If renting were cheaper than owning a house then cool
2. If there were enough places to rent right now then cool
3. In Ireland the rental stock for the most part is older houses, which means increased energy bills and usually a worse standard of living in general
4. We in general as a society learned from the famine that ownership is key, if you don’t own anything you are at the mercy of someone pissing from a height
Now compare that to a graph that shows the percentage of renters in those countries who are happy renting and have no interest in owning a home.
People who say these kinds of things remind me of people who talk about how it shouldn’t be considered a requirement that everyone should go to university. Like, sure but I’m willing to bet you sent your own kids to university/own your own house.
What’s wrong with wanting the security of owning your own home?
The older generation in Ireland have very little sympathy for the younger. I’m not sure why this is. It seems so radically different in other countries. I think that they think that people under 35 have had lives of sexual variety and are jealous. Of course the majority of men have not had.
Notice the countries with the highest level of ownership are ones where you can just buy a site and build yourself a house to suit you. It doesn’t need dual aspects or to conform to a design guide or need insane levels of planning
You will own nothing and you’ll fucking like it…… Bitch!
This seems off. I can confidently say that none of the millenials and Gen Zs have homes in Croatia.
I don’t mind renting, but rent is supposed to be cheaper than buying (in short term). That’s why ireland is so fucked up.
Just goes to show, how well slavery has fared in Europe
Not every European culture has the stigma of being dispossessed of their property by foreign land grabs.
Incredibly how much of this list seems to be driven by economic growth and a history of being behind the Iron Curtain