Wonder what their criteria for adding a country was.
If it was just all the highest, Norway should be on there with 76.3%
https://www.ssb.no/bygg-bolig-og-eiendom/bolig-og-boforhold/statistikk/boforhold-registerbasert
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Is it fair to call a 70 year lease from the government “ownership”?
Other than the set duration, all ownership is at the government’s pleasure everywhere. Luckily, in a lot of places governments serve at the pleasure of voters.
Yeah China should definitely not be on this list.
Looking forward to the bot account’s mental gymnastics to tell me why I’m wrong
🤡
this misses an important point i think.
in germany people live for a very long time in the same rented apartment. 20-30 years is common, as i understand it. homeownership is not seen as a “goal”. i think adding an axis for tenancy length would be useful.
Literally nobody I know is happy renting. They’ve all just accepted they can’t afford buying.
It is a goal as far as I can tell from my social environment. It’s just financially unachievable for most of them and me. Heck, my brother-in-law works at VW in a rather high up position and still says it’s not realistic to them. At least not without moving to a different state.
Might also have something to do with tenants having so many rights that they just don’t have many of the disadvantages they’d have in other countries.
In Spain at least, a lot of ppl live in what looks like highrise apartment buildings, but many are actually condos owned out right. I’m surprised that’s not more of the case in France and Germany, just letting landlords gobble up real estate like the US.
What is the difference between a condo and a highrise ?
A highrise just means any tall building, with enough floors to make an elevator required.
Housing highrise buildings can either have apartments for rent, or condos sold outright (usually with some kind of a homeowners association that takes care of utilities, trash, etc that you have to pay recurring fees to).
In my country (the US), highrise condos exist but are much rarer than every other form of housing. In Spain I saw a lot of highrise condo buildings, some of the condos even had two floors. Imagine a mansion inside of a highrise building, pretty neat.
Spain is a lot like the big cities of India than. I have recently seen ads for duplex highrise apartments here as well, but prohibitively expensive for me.
Why is the flag of Chile used for China?
They goofed.
Oh Garretts, that’s Chile’s 🇨🇱 flag, not China’s 🇨🇳.
86.6% looks too high for India.
Yeah, it’s probably misreporting and probably also, “well they have a tiny hut for all members of the family in this god forsaken village while being stuck in eternal poverty, but that’s enough to call it a house”
India is often dishonest with their data. Many politicians will lie to save face. But even if the numbers are “real”, it’s worth asking yourself what they are considering a home. Plenty of people live in scrap houses on land they don’t own, are they “homeowners” in this data. India has squatters rights, if they can’t be removed from someone else’s property they’ve lived in for decades are they “homeowners” in this data? If someone’s has a live in servant who has a separated house on their property, are they “homeowners”? My guess is that india is defining homeowners very loosely.
I think with “awas” yojnas more homeowners are there
It’d be worth looking into their source there.
In Spain, the rate has decreased 4 points in 10 years:
Blue line: 30-44 years old. Green line: total.I didn’t know China was using the same flag as Chile
Not a very useful measure if a country has cheap and reliable publicly owned rental apartments. I would prefer rental because it’s easier to leave.
