Switzerland has a really lousy home ownership rate, this developing country…
The standard of living is not measured by retirement age, home ownership rate, etc. You can also go into poverty pension at 50 and own a tin shack.
- Crime rates
- Access to education and culture
- Raising the very young and caring for the very old
- Quality of the capital stock -> better to rent a good apartment than to own a lousy one!?
- Unemployment rate
- Minimum wage level
- Treatment of minorities (both protective and demanding)
- Handling of the environment ([Kläranlagen, Naturschutzgebiete], etc. pp.)
- etc. pp., etc. pp. etc. pp. …
The list of things that make up the "standard of living" of a society, without being immediately material, fits on a full roll of toilet paper.
The truth is also that no one is as good at putting Germany down as its own residents. That runs very deep. In fact, we start at such a high level that even in decline we would still be above 2/3 of the world. No one here sees that. And the "great decline" coming is far from being as certain as it is made out to be here.