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People > Home ownership: Countries Compared

chris.lockyer781

Author: chris.lockyer781

Real estate can be one of the best investments for people living in a big city. However, urban property is more important for some countries. Ireland is an example of this trend. Despite the rockiness of its property market, Irish people seem to feel pretty safe in their own homes, as more than 83% of Irish people prefer to live in a house they own. Italians are second in the list and seem to have the same mentality as the Irish about home ownership. But people in Central European countries prefer to rent instead of buying a home. The stats show weak bonds between Central Europeans and property ownership. Less than half of Dutch (49%) and German (43%) households are not owned by the people who live there, while French (54%) and Danish (53%) ownership percentage slightly exceeds 50%.

DEFINITION: Home ownership as % of all households (Data is for 2000).

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Ireland 83% 2000
2 Italy 78% 2000
=3 United Kingdom 69% 2000
=3 Australia 69% 2000
=5 Finland 67% 2000
=5 Canada 67% 2000
=7 Belgium 65% 2000
=7 United States 65% 2000
Group of 7 countries (G7) average (profile) 62.29% 2000
=9 Japan 60% 2000
=9 Sweden 60% 2000
11 France 54% 2000
12 Denmark 53% 2000
13 Netherlands 49% 2000
14 Germany 43% 2000

Citation

"Countries Compared by People > Home ownership. International Statistics at NationMaster.com", Economist, 30 March 2002, and Euromonitor. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/People/Home-ownership

People > Home ownership: Countries Compared Map

NationMaster

Interesting observations about People > Home ownership

All of the top 2 countries by home ownership are Catholic.
All of the top 2 countries by home ownership are Christian.
Germany ranked last for home ownership amongst Group of 7 countries (G7) in 2000.
All of the top 3 countries by home ownership are European.
All of the top 3 countries by home ownership are Heavily indebted.
All of the bottom 14 countries by home ownership are High income OECD.
All of the top 2 countries by home ownership are European Union.
All of the top 2 countries by home ownership are Eurozone.
United States ranked last for home ownership amongst English speaking countries in 2000.
6 of the top 8 countries by home ownership are Cold countries'.

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Real estate can be one of the best investments for people living in a big city. However, urban property is more important for some countries. Ireland is an example of this trend. Despite the rockiness of its property market, Irish people seem to feel pretty safe in their own homes, as more than 83% of Irish people prefer to live in a house they own. Italians are second in the list and seem to have the same mentality as the Irish about home ownership. But people in Central European countries prefer to rent instead of buying a home. The stats show weak bonds between Central Europeans and property ownership. Less than half of Dutch (49%) and German (43%) households are not owned by the people who live there, while French (54%) and Danish (53%) ownership percentage slightly exceeds 50%.

Posted on 09 Apr 2014

chris.lockyer781

chris.lockyer781

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