30 years later, East Berlin finally came to West Berlin.
Quote:
Originally Posted by Jonesy55
Germany has quite a lot of big institutional landlords from what I understand, here in the UK it's mostly small private individuals with a single property or a small portfolio of a few homes.
Ironically as Berlin is voting to ban this there has been talk in the UK of trying to emulate that German model and get more big institutions like pension funds, insurance companies etc more involved in the private rental sector with the logic that they would be better at customer service by having dedicated maintenance staff etc and it would get rogue individuals who exploit tenants out of the market.
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I think the US has a nice mixture. There are a lot of smaller landlords, but also a lot of relatively big REITs and big development companies as well. I am not an expert, but if Germans are lacking in smaller landlords, its probably due to some kind of regulations making it harder for people to buy investment properties.