Maybe in the US. In Germany this defintly isn’t the rule. Many people own their own flats and a lot of people own 2-4 flats to rent them out as an extra income.
No, maybe you are in a more wealthy environment. It is not possible that everyone has multiple flats to rent out. In fact, Germany has one of the lowest ownership rates.
https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate
Where did I say “everyone”?
But it is defintly not a given that an apartment has to be the tool of a slum lord, the way they portrayed it to discredit the idea that appatments are a more sustainable way of living…
Apartments can be owned by the people who live in it and this is quite common in many countries.
If one person rents out 4 appartments, that means that at least 4 others do not own their home. It’s the same with houses of course.
Germany is just a particularly bad example unfortunately. Low ownership is a problem because it increases wealth inequality, which is also worse in Germany than many other nations.
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