Landlords should be tenants’ servants, not their monarchs
How does the thought of renting your home for your entire life sound? For many Britons, it probably evokes a horror show of chronic insecurity and broken homeownership dreams. But for the typical German, lifelong renting isn’t a nightmare; it’s just normal life. The UK home ownership rate has slumped from 73 per cent a decade ago, to just 63 per cent today. For those born after 1980 – the millennial generation – the ownership rate has, of course, collapsed even more dramatica