{"id":36204,"date":"2021-12-22T10:09:30","date_gmt":"2021-12-21T21:09:30","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36204"},"modified":"2021-12-22T10:09:30","modified_gmt":"2021-12-21T21:09:30","slug":"is-it-possible-to-be-content-renting-long-term-this-is-what-australia-can-learn-from-housing-around-the-world","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/is-it-possible-to-be-content-renting-long-term-this-is-what-australia-can-learn-from-housing-around-the-world\/","title":{"rendered":"Is it possible to be content renting long-term? This is what Australia can learn from housing around the world"},"content":{"rendered":"

PHOTO: Gloria Biberger and her partner plan to continue renting in Berlin for the next decade, as home ownership wouldn’t allow them the flexibility to travel.(Supplied<\/span><\/span>)<\/cite><\/strong><\/p>\n

Gloria Biberger has been renting<\/a> the same apartment in Berlin’s lively Kreuzberg neighbourhood for 11 years.<\/p>\n

And despite being a tenant, she says,\u00a0“it feels like my home”.<\/p>\n

“I know that I could stay here forever,” the 37-year-old said.<\/p>\n

\"Erika<\/a><\/div>\n
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Sydney \u2018burbs where buying is cheaper than renting<\/a><\/h2>\n<\/header>\n<\/div>\n

Typically,\u00a0tenants in Germany have freedom of decoration, with older\u00a0and cheaper\u00a0apartments even requiring you to bring your own\u00a0light fixtures\u00a0and kitchen sink.<\/p>\n

“I want to feel very comfortable in my own home,” Ms Biberger said.<\/p>\n

“That’s why it’s important that I can furnish and decorate\u00a0it myself; I really want to feel like it’s my own thing.”<\/p>\n

While Ms Biberger is happy in her current apartment, where under her open-ended lease she can only be evicted in\u00a0very restricted circumstances \u2013\u00a0even if the apartment is sold \u2013\u00a0she’s on the\u00a0hunt for a bigger place with her partner.<\/p>\n

The couple hope\u00a0to\u00a0rent their next apartment for at least the next 10 years and have no\u00a0desire to buy a property in the foreseeable future.<\/p>\n

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\"The<\/div>\n<\/div>
Ms Biberger has been in the same rented apartment for 11 years and says she could have stayed indefinitely.\u00a0(Supplied<\/span><\/span>)<\/cite><\/strong><\/em><\/figcaption><\/figure>\n

With strong tenant protections and unlimited\u00a0leases, Ms Biberger is among the many Germans who remain content to rent.<\/p>\n

More than 80 per cent of Berlin’s 3.7 million residents rent their home.<\/p>\n

\"Byron<\/a><\/div>\n
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The Aussie mansions renting out for $100,000 a week over the summer<\/a><\/h2>\n<\/header>\n<\/div>\n

Across the country, the home ownership rate stands at about 50 per cent, which is one of the lowest in Europe, according to market and consumer data firm Statista.<\/p>\n

Despite rents increasing more substantially in recent years, Ms Biberger still feels better off renting than if she owned a home.<\/p>\n

“Friends who have moved to the countryside to buy homes are envious when I tell them I’m going to the United States and travelling,” she said.<\/p>\n