We are drifting further and further off topic... The fact is that property or housing is still comparatively inexpensive here internationally. We are not a developing country. Land will also become more expensive the more people there are. The old property tax was already a disguised wealth tax. The new idea is crazy and the administrative effort would be enormous. I like Bavaria’s proposal. Simply tax by m2. With a multiplier for location. Undeveloped land should cost the same. This way, some people would part with a piece of land or develop it. Abolishing the property tax is unfortunately not realistic. But the state has actually already collected money on the purchase... Here, tenants have more rights and protection than anywhere else. Therefore, the home ownership rate is not problematic. The market is booming, interest rates are low, and many insist on wanting property at all costs. Because of all the regulations around building, it becomes even more expensive... Therefore, rents are also rising. But no one is forced to build by the current situation. In our area, more and more existing properties are being sold as the older generation passes away and the heirs have their main place of residence elsewhere. Often people with (Eastern European) migration background buy and renovate with a lot of personal effort and help from family. Often true “jewelry boxes” emerge this way. This is cheaper than building new. In cities the situation is of course more extreme. But that is the same everywhere.