According to figures released by the Eurostat Statistical Office on Thursday, seven out of ten Europeans will be living in their own home by 2020 (or their family). While Belgium is in the middle (71.1%), it ranks 16th in the rankings, with a more consistent result than the previous year. In Germany, owners (50.4%) and tenants (49.6%) are equally distributed.
The percentage of owners is much higher in Eastern Europe: 96% in Romania, 92% in Slovakia or 91% in Croatia and Hungary. A reality that is generally explained by the wave of privatization that followed the collapse of the Soviet Union.
In contrast, apart from Germany, Austria (55.3%) and Denmark (59.3%) have the lowest number of owners.
Europeans distribute property equally, with 52.9% owning a house and 46.2% owning an apartment. Ireland (91.7%); Croatia (78.3%) and Belgium (77.2%) have the highest number of homeowners. In contrast, apartments are the most preferred in Estonia (61.3%), Latvia (65.4%) and Spain (66.1%).
Housing prices have risen sharply across the European Union: + 26% between 2010 and 2020. Only three countries saw lower house prices: Italy (-15%), Spain (-5%) and Cyprus (-4%).
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