Last night, ARD (public German TV, Channel One) ran a 45-minute documentary news piece....on the stagnant effect of wages, pension problems, and the cost of living. Focus (the news magazine) covers part of the story this morning. The show was called 'Tricked at Rent, Income, and Pension'.
If you wanted to watch the piece.....use this site. It'll be up for about four weeks. Note, it's all in German.
The emphasis you can take out of this....a whole lot of Germans are reaching retirement ages (sixty-plus) and coming to realize that when you add up the rent, the utilities, and your pension....it won't be enough to live your current lifestyle. The show also jumped into marginal pay-earners (not even in the retirement scene yet) and how their rent and utility cost makes their lives complicated. Affordable housing? In major cities, it's a joke.
No comments:
Post a Comment