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People > Home ownership: Countries Compared

Author: 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 IrelandIreland 83% 2000
2 ItalyItaly 78% 2000
3 United KingdomUnited Kingdom 69% 2000
4 AustraliaAustralia 69% 2000
5 FinlandFinland 67% 2000
6 CanadaCanada 67% 2000
7 BelgiumBelgium 65% 2000
8 United StatesUnited States 65% 2000
9 JapanJapan 60% 2000
10 SwedenSweden 60% 2000
11 FranceFrance 54% 2000
12 DenmarkDenmark 53% 2000
13 NetherlandsNetherlands 49% 2000
14 GermanyGermany 43% 2000

Citation

"All countries compared for People > Home ownership", 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

6

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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