>>1528043Well, we're not as (internationally) expansive as the Chinese, but it's not just hometown only.
Historically germans (and Austrians too, maybe a few more Euros also, but only familiar with those two) have an aversion against the stock market (Stock market = Evil gambling for rich people that conspire to keep everyone else poor) so the investments you classically do in Germany are
>Bausparvertrag (Building savings contract?)A fixed contribution to some savings account that is meant to be the payment for a house, you get some fixed interest and some government bonus, but since interest doesn't exist anymore, that's a very stupid idea nowadays
>passbook/fixed account (maybe savings account?)You keep your money in it raher long term, with interest and so due to compount interest, that works out quite well, but well, interest doesn't exist anymore…
So that leaves
>Betongold (concrete-gold)You buy property. Not necessarily to live in, but as an investment and/or store of value. But since proper property is quite expensive and most Germans don't have the 500k€ minimum that's required for some good stuff, there's the rather new invention of "investment flats". Meaning apartments that are first meant to be easy to sell, with living/renting only being an afterthought. Shit like the cliched 30sqm cuck-hive and shit like that, that take up valuable space and bind money that could be used otherwise, staying mostly empty.
Really curious what happens when that bubble busts.
But at least when you find something good, you're in a pretty good situation as the renter.
