In Europe, it would be harder to build a rental portfolio. But maybe you wouldn’t need to because you’d have more security.

Personally, I don’t care for average European homes. Old kitchen and baths with exposed pipes, no laundry rooms, all translate to lower standard of living.

Exactly. I’d much rather have a welfare state that takes care of me cradle to grave than having to build my own. I’m not a go-getter nor particularly creative.

How do exposed pipes actually bother me? As far as a laundry room, I’d rather have a Euro-type kitchen washer-dryer where you put the clothes in and it keeps running till the clothes are clean and dry.