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This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
During the 1920s and 1930s, large rental areas continued to be built in Germany, often with the support of the government. However, this changed after World War II, when the government began to encourage individual home-ownership as a means of rebuilding the country.
In some countries, public housing is focused on providing affordable housing for low-income earners while in others, such as Singapore, citizens across a wide range of incomes live in public housing. [ 142 ] [ 143 ] In Vienna, Austria, social housing may be completely government built and run or include a mixture of public land and private ...
According to the United States Census Bureau, the rate of home ownership in the United States was 67.3% in the first quarter of 2009 -- its lowest rate since the second quarter of 2000.
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In Australia, the Housing Industry Association publishes a Housing Affordability Index, [5] which is a "'purchase affordability' metric which is most representative of an individual owner occupier purchasing a home with a mortgage, although it is also indicative of conditions for others transacting in the housing market."
NAR's "Profile of Home Buyers and Sellers" that was released in November found that the annual share of first-time home buyers was 24%, the lowest ever recorded. Reuters contributed to this report.
Home ownership in Germany is lower overall than in most other European countries. In 2022, Germany's homeownership rate was 46.7%. [1] During World War II, 2.25 million homes were destroyed with another two million damaged, reducing overall housing stocks by 20%. In 1949, West Germany enacted its first housing law and by 1961 had reduced its ...