Property owners in Baden-Württemberg are more satisfied than tenants. This is the conclusion reached by Prof. Dr. Frank Brettschneider from the University of Hohenheim in a study commissioned by the Baden-Württemberg building societies. The study shows that 71% of homeowners in Baden-Württemberg are satisfied with their current housing situation. The figure for tenants is only 52 percent.
For those surveyed, their property makes a significant contribution to their retirement provision (77%). They also benefit from freedom of design (73%) and independence (65%). These aspects play a much smaller role for tenants (retirement provision: 55%, freedom of design: 53%, independence: 41%).
In addition, more property owners than tenants stated that they were able to retreat and relax in their own home during the coronavirus-related restrictions (87%). The figure for tenants was only 79%. However, the survey also shows that many tenants are considering buying property (58%), but have not yet done so due to financial burdens or the risk of possible unemployment.
Source & further information: arge-online.org
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