What Country has the largest % of Home Ownership?

[Michaelangelica]

Sorry I buggered this.

I meant to make it a poll.

It has been so long since I have made one I have forgotten how to do it.

 

So before you read the answers have a guess

 

A. United States

B. Japan

C. Germany

D. Russia

F. NZ (That's New Zealand a little Island off the coast of Australia.)

G. Australia

H. Spain

 

 

 

SHome sweet home - The Boston Globe

 

Home ownership in Australia - Wikipedia, the free encyclopedia

 

Home ownership made easy - Working In New Zealand

[Moontanman]

Sorry I buggered this.

I meant to make it a poll.

It has been so long since I have made one I have forgotten how to do it.

 

So before you read the answers have a guess

 

A. United States

B. Japan

C. Germany

D. Russia

F. NZ (That's New Zealand a little Island off the coast of Australia.)

G. Australia

H. Spain

 

 

 

SHome sweet home - The Boston Globe

 

Home ownership in Australia - Wikipedia, the free encyclopedia

 

Home ownership made easy - Working In New Zealand

 

I'm going to go out on a limb here and say NZ?

[modest]

Sorry I buggered this.

I meant to make it a poll.

 

Poll added.

 

Home sweet home - The Boston Globe

 

Home ownership in Australia - Wikipedia, the free encyclopedia

 

Home ownership made easy - Working In New Zealand

 

This is interesting as well.

 

~modest

[Ganoderma]

Japan?

 

Here in Taiwan it is 87%, which is pretty high i think.

 

Taiwan Review

 

 

edit, according to this site, out of the countries on your list OZ is the highest, shoulda known cause you posted this Q lol!

 

taiwan beats em all though, which surprises me.

[Michaelangelica]

The answer is-in ascending order

1. Germany-42 percent (Switzerland, at 31 percent, has an even lower home ownership rate than Germany, while Denmark (51 percent), the Netherlands (53 percent), and France (55 percent) also rank near the bottom)

2. Japan-60%

3. United States -was 68 %(about the same rate as in the United Kingdom (69 percent) and Canada (66 percent).)

4. Russia-71.5 %

5. NZ -70%(That's New Zealand a little Island off the coast of Australia.)

6. Australia-70% (actually equal 5 with NZ) (Wiki says"70% of Australian households own their own homes—the highest proportion of any nation -80% of high-income households are home-owners.[5]".So either they or the Boston Globe or Ganoderma are wrong)

7. Spain-85 %-(Also high-Italy (80 %) and Greece (83 %)

Home sweet home - The Boston Globe

Ganoderma You may take the prize!

Here in Taiwan it is 87%

 

If cash becomes king, what happens when market forces smash the cash? Was that inky paper really, truly supposed to be worth more than real estate,

To imagine that real estate is worthless is strange, though we've somehow managed to do that. But our society is also built on the supposed monetary worth of unreal estate. In fact, the planet's most advanced economies are optimized to create pretty much nothing else. The ultimate global consequences of this situation's abject failure would rank with the collapse of Communism.

4. Insurance and building codes. Every year, insurance rates soar from mounting "natural" catastrophes, obscuring the fact that the planet's coasts are increasingly uninsurable.

 

Insurance underlies the building and construction trades. If those rates skyrocket, that system must keel over. Once people lose faith in the institution of insurance — because insurance can't be made to pay in climate-crisis conditions — we'll find ourselves living in a Planet of Slums.

 

Most people in this world have no insurance and ignore building codes. They live in "informal architecture," i.e., slum structures. Barrios. Favelas. Squats. Overcrowded districts of this world that look like a post-Katrina situation all the time. When people are thrown out of their too-expensive, too-coded homes, this is where they will go.

 

Unless they're American, in which case they'll live in their cars.

 

But how can dispossessed Americans pay for their car insurance when they have no fixed address? Besides, car companies are coming apart with the sudden savage ease of Enron's collapse.

Indeed, the year 2009 is shaping up as a planetary Enron. Enron was always the Banquo's ghost at the banquet of Bushonomics. The moguls of Enron really were the princes of contemporary business innovation, and the harbingers of the present day.

Seed: 2009 Will Be a Year of Panic

Yanks still have to be better off than Chinese who don''t even have cars. many (most?) live in sheds we wouldn't store a lawnmower in. Things could change of course if China stops buying US bonds (They have slowed drastically).

 

the Japanese are opening Internet boarding houses with rooms the size of broom cupboards for homeless that can afford them. At least you don't freeze and you have something to do.

[DFINITLYDISTRUBD]

Home ownership should be properly defined first.

Here in the US the percentage is likely zero if you base ownership on actually owning your home.

You cannot own something which you can never pay off (not owe someone else money for)...Each year the township sends me a steadily increasing bill which I either pay or they show up at the door with the sheriff and hand me a nifty piece of paper to vacate the property within thirty days or be removed by force....therefore though I am the titled owner of the property I still do not own it....nor will I ever own it by any real stretch of the definition of "own".

[Moontanman]

Very good point DD

[Buffy]

If ownership is negated by any possibility of lien, then there is no ownership, period.

 

Not a very useful word under those conditions, eh?

 

Only exceptionally rational men can afford to be absurd, :hihi:

Buffy

[SamSpeedo]

Ireland by Home ownership statistics - countries compared - NationMaster . If you got a car but you let momma use it, do you still own it? If you rent a rung cleaner, doncha gotta give it back? If you got a loan den you ow bank dough, you own de home 'till dey take it.

[Michaelangelica]

Home ownership should be properly defined first.

.

Good point; as always the devil is in the detail.

I 'own' my own home( ie no mortgage) but can't afford to fix bits that fall off and will loose it when I get put in an OP's home. (taken to pay or my final morphine assisted oblivion). Sad really i would prefer to top myself so my kid's can afford to buy a home. The way the economy is now I doubt if they will be able to ever pay for one

 

I have just read that Australian's have the biggest homes in the world. I am not sure if that is a good thing. Surprising given the vast basements of many Yank Homes (no 'basements' here).

[fahrquad]

I am going to guess Somalia. There is no way those tiny tin shacks are rental properties. :P