As a German who lives in the US since 8 years I am not surprised by this at all. By the time you finish university in Germany you are about 25 years old. They introduced the Bachelor/Master system, but at least when I studied, getting a Bachelor was more of a way to drop out gracefully. In addition there was a culture that expected you to stay at home until your child is at least 1 year old. Therefore there was very…
I've heard that getting into the house ownership market in Germany is extremely hard, with high requirements set on your own savings to be granted a loan, meaning most people don't until they are well into their 30s and maybe even their 40s.
To me that certainly also sound like a contributing factor. Any comments or perspective on that?