Insert Joke: There are *dangerous* parts of Germany?
In contrast, as you're well aware, you can basically attempt to buy a home in the US with as little as 3% down these days, but that doesn't quite solve the problem in places where homes are already overpriced. It just makes the lending part easier for now.
With that said, just as most low income Germans are unable to buy due to the high down payment amounts, low income Americans have similar issues with many having trouble just securing stable work and saving up enough to meet the 3% in some markets. At least the German renters have the option of long-term leases to fix their rental rates and unemployment to paper over things in case of unemployment. The American renter has none of these benefits.
