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[meme] How would you rather see this land developed?
(lemmy.world)
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this post was submitted on 06 Sep 2023
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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.
True, but even here their statement that "all of those apartments are owned by one person" is far from a given. Especially with new developments this is rarely the case, even here.