Comment by thiago_fm
3 years ago
The graph with many countries is ABSOLUTELY WRONG.
It says with $1500 rent you can get a 140m2 or 1500 sqft apartment in Berlin. HAHA! MAYBE IN THE 90s.
Not to mention that I'm willing to bet that less of 5% of housing in Berlin is 140m2 or higher. (might be 1% or less even)
These often use average rents paid today. They tend to be much lower than average rents if you rent a home today.
One of the main reasons why older people seem to think millennials are complaining about nothing: they locked in their rental rates back in the last millennia, and the laws generally only allow low-single-digit increases per year