Purchasing real estate as a retirement provision: Owners save many thousands of euros on housing costs


According to the results, renters with a monthly net household income of 2,000 to 3,000 euros paid an average of around 640 euros rent per month (Additional costs included).

On the other hand, owner-occupiers of the same age had on average 435 euros have to pay for monthly housing costs. This results in arithmetical for real estate owners Monthly savings of 205 euros compared to tenants. This corresponds to a good 47 percent of the monthly housing expenses of owners of retirement age (435 euros).

Sample calculation: If the values ​​are extrapolated, then the owner saves 2460 euros per year in the constellation mentioned, in ten years already 24,600 euros of costs to a tenant.

The LBS points out that the database dates from 2018. But the core of the statements are still valid. Because the financial mechanism remains the same: once the debts have been reduced or even completely repaid, the burden on the property owner decreases significantly.



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