Heard an item on radio earlier re middle aged renters who when they hit retirement age will still be renting
How in the name of god can they afford to do so? It is a terrible prospect,
I don't know the outs and ins of it all, but in Germany and Austria (and I'd imagine many other countries), home ownership is nowhere near as prominent as it is here and its quite normal for pensioners to live in rental accommodation for their whole life.
I know that security of tenancy is one element, but I'm not sure how it works from an affordability perspective. Perhaps they pay reduced rents linked to their pension?
Either way we can forget about ever having a system like that here as long as stupid cunts are objecting to apartment developments because it obstructs their view of the pub.