“You’ll own nothing and be happy.” That’s what the WEF told me.

We rent because of the whole mortgage and real estate scam 😅 btw. it is cheaper in my opinion (no renovation costs)

* in germany your property (unlike in the us) is never really yours

Renting is probably better without repair costs, taxes, and insurance

literally

with a mortgage, you control the property yet have none of the risks of actually owning it. Renting, you have no control - the owner can kick you out at the end of your lease, make arbitrary rules about who can live there...If you only need a few months, rent. If you need longer term stability, mortgage. I've been kicked out of a rental that I thought I would be in for longer - its stressful for the family, disruptive as hell, and its expensive. Lesson: have control of things that matter.

How is the property in the us really yours? Have you heard about property tax?

we have also a property tax … but maybe you are right