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Which Countries Have the Most Homeowners

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Could it be due to tradition? Or maybe the prohibitive prices? Whatever it is, there are huge differences between the percentage of people who own homes in different countries of the world, or on different continents for that matter. Some consider that owning the home that you live in means that you always have a place to return to, which offers them a sense of security. Others prefer to rent instead of owning, apparently preferring the freedom of not living in their own homes to the security of owning a house.

What does owning a home mean? Well, in most cases it’s a mix of security and botheration. On one hand, you’ll have a home that’s your own, where you can do whatever you want – play casino games on your couch or cook your favorite meal at 1 AM – without anyone having anything to say about it. On the other hand it involves taxes, bills and maintenance, which is often considered to be a nuisance by owners. The opinions are divided – which leads to differences in home ownership rates in various countries.


While statistics show that the majority of homes are owned in most countries of the world, there are significant differences between the various continents when it comes to the percentage. Europe has the highest percentage of home owners relative to its population – overall, more than 70% of the Europeans own the house where they live. This is comparable to the situation in the USA, where this percentage is almost the same – 64.5% in 2014. But taking a look at individual European countries will show much larger discrepancies within the European Union.

According to the latest statistics, Romania is the country with the highest percentage of homeowners in Europe – 97%. This is way over the average in the European Union. Similar tendencies can be seen in the other countries of the former Communist bloc. Romania is closely followed by Lithuania and Slovakia in the top list, with percentages of over 90%, with Hungary, Croatia and Bulgaria also being close. On the other end of the spectrum we’ll find the countries with a much sounder economy and a longer democratic (capitalist?) tradition: the UK has a home ownership percentage of under 65%, with France, Germany, Denmark and Austria following close. The last entry to the list is Switzerland, a small country with a small population (only about 8.5 million citizens), and a home ownership percentage of just 44% (in 2013).

Could it be tradition? Could it be the prohibitive prices? Or the massive actions of different post-communist governments that sold the flats and houses owned by the state to their occupants after the switch in regime? Whichever the cause, the fact remains that Romania is the country with the most homeowners in the world.

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