The poll shows that 41% of the German population owns the property they live in. 33% of owners live in an owned house whilst 8% live in an owned apartment. For tenants this appears the other way round. Of the 59% of Germans who rent their home almost half lives in a rented apartment and under 12% in a rented house.
On average, Germans have moved four times in their live, which tallies with the European average.
Whereas most of the people living in an owned house are female aged between 50 and 59, the majority of tenants are male between 40 and 49. Moreover, the largest share of owners lives in a town whilst most of the tenants live in a city.
In Germany the spending potential on housing is slightly higher than the current spendings are. Germans claim to spend an average of 35% of their net income on housing, however, they would be prepared to spend up to 40%.
Only 28% of Germans feel that living in Germany is rather expensive, which is significantly lower than the European average that accounts for 43%. However, most of the people estimate that the cost of living is growing.
With 20% the share of Germans living in a single household is a little higher than the European average.
From all the surveyed countries in Europe Germany has the lowest number of people owning a second home. Only 5.4% have a secondary residence, which is equally used for work and holiday purposes. Most second homes are located in a town in Germany.