An investment isn't marked by the expectation to rapidly sell. I have many assets that I've held for years and intend to hold for the rest of my life, they are still investments.
I am not an expert on the German real-estate market, but the first search results on Google indicate that Germany has a very active real-estate investment market and that home ownership in Germany is among the lowest in the world, the majority of Germans rent their home.
Either those people are renting from the government, or they are renting from a private landlord, either an individual or a corporation. If they are renting from a private landlord, and once again my very cursory research indicates 96.7% of housing is privately owned, then that's a big sign that the landlord owns the property for the purpose of deriving an income from it. Given that 56% of homes in Germany are rented out (one of the highest rates in the world), that indicates that at a minimum, 56% of homes in Germany satisfy the textbook definition of being investment properties.
I am not an expert on the German real-estate market, but the first search results on Google indicate that Germany has a very active real-estate investment market and that home ownership in Germany is among the lowest in the world, the majority of Germans rent their home.
Either those people are renting from the government, or they are renting from a private landlord, either an individual or a corporation. If they are renting from a private landlord, and once again my very cursory research indicates 96.7% of housing is privately owned, then that's a big sign that the landlord owns the property for the purpose of deriving an income from it. Given that 56% of homes in Germany are rented out (one of the highest rates in the world), that indicates that at a minimum, 56% of homes in Germany satisfy the textbook definition of being investment properties.