wie viel erspartes sollte man haben?

The 100k should be the bigger problem for the owner, as the tenant can already pay the first euro.

7% are the typical returns for a globally spread stock portfolio. With market focus on, for example, the USA, there are also 10% to be expected.

Once you have recognized the potential of interest rate interest, you understand that you can build a six- to seven-digit fortune even at €200-300 a month.

Who wants to be wealthy, need to invest. Whether it is the investment in a property, in bonds or in shares (funds) plays a role in the end only for the amount. Shares have the advantage that they are also available for small wallets and on average generate the highest return.

Nevertheless, the property of owner households is usually significantly higher than the property of tenant households.

Yes, in practice. But this is because tenants usually don’t pay their money. Here is a very simplified invoice:

It’s about this example object: Quiet apartment: ground floor apartment with terrace and green area view (immobilienscout24.de)

€349.000 for 72qm.

For average rental costs per square meter in Augsburg of 12.75€ a monthly rental price 918 € :

If the buyer finances under the following conditions:

100,000€ Equity, effective annual interest: 3.8% (current average), term 25 years

The monthly rate of interest and redemption is then: 1.280€

Buyer: In the case of an assumed 2% interest rate per year (e.g. by an increase in value) on interest rate & redemption (1.280€), a total asset of 25 years would be 650.000 € :

tenants: 7% interest rate acceptedg on savings (1.280€-918€= 362€) would be a total asset after 25 years 800.000 € :

In both cases, €100,000 equity was taken into account.

So you see that after 25 years 362€ per month invested in the capital market compared to a residential property that saves 1.280€ per month, almost 200,000€ more total assets.

As I said, the bill is very simplified, but shows a tendency.

However, the requirement for both parties is an equity of €100,000 – and this is likely to be the biggest hurdle for both owners and tenants.

You’re right, that many came to their property through real estate, but that doesn’t exclude that you can’t do it as a tenant. On the contrary, many invoices show that tenants would theoretically even have the better chances of building assets if they would invest the savings compared to real estate financing on the capital market, as the return on real estate after inflation is only 2-3%, while the typical market interest is 6-7%. This is only the least. Real, therefore, it usually looks like owners are investing their capital with 23% real return (force) while most tenants do not interest their capital at all and use it instead for a higher standard of living. And for several decades there are differences in the six-digit range.