General Article Global: who does – and doesn’t – want to own a home?

Topic Selected: Housing Book Volume: 396

YouGov Profiles data shows that, among people who don’t currently own a home, three quarters (76%) want to.

By Christien Pheby

Home ownership is often seen as the holy grail of domesticity: it’s an asset, a milestone, and a route out of filling up some faceless landlord’s bank account at the expense of your own. But it also comes with its own costs and burdens: when the water heater is broken, the kitchen needs refitting, and no toilet in the house will flush properly, the benefits of having a place to call your own can seem remote indeed.

Across all 17 markets featured in our study, just over half (53%) own their own house. Home ownership is highest in Singapore (65%) and Sweden (63%), and lowest in Germany (34%) and the UAE (32%), but in most of these countries, regions or areas, it’s more common to own your home than not.

When it comes to people who don’t own their own home, most want to: three-quarters (76%) say they want to have their own property in future, while 15% do not. T...

Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?

Sign up now for an immediate no obligation FREE TRIAL and view the entire collection