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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]
Home ownership in Australia decreased to 67% in 2011, the lowest level in over 50 years. Tasmania has the highest home-ownership rate at 70%, and the Northern Territory the lowest at 46%. [5] As of the 2016 Census, home ownership in Australia had decreased to 65%. [11]
The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, [1] however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from the media and the Reserve Bank [2] and some commentators have argued that there is an Australian property bubble. [citation needed]
The claim that "home ownership just isn't a concept that matters or has any standing" in "communist …or whatever you would like to describe" certainly countries, presumably meaning China, Vietnam, Laos etc. simply cannot be justified according to any economics I'm familiar with.
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Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
In 2018, the median home list price in the U.S. was $255,200 and the homeownership rate was 64.8%, according to Zoocasa. In 2023, the median home list price increased by 50% to $382,600, yet the ...
The premium for homeownership has grown in recent years as home insurance, upkeep, and high mortgage rates skew the buying vs. renting math. Owning a home has rarely been this much more expensive ...