how attractive is the german residential market dr tobias just eschborn november 25 2004 page 2 topics to cover 1 3 housing outlook for economy short term prospects 4 long 75 71 69 66 64 59 53 51 43 82 0 20 40 60 80 100 es ie it uk pt fi eu 15 se fr nl at de owner occupancy rate still very low source eurostat 81 67 57 54 52 48 45 39 38 33 92 households in single family houses not living apartments 1998 5 32 27 26 19 18 17 16 10 9 35 30 population cramped conditions more than person per room 6 with standards where least one of following basic elements bath shower indoor