Albanians second in Europe after Romanians as homeowners: Eurostat data

The latest figures from the European Union Statistics Office show a long-standing conviction: in poor countries there are more homeowners than in rich countries.

In the case of Europe, the division is not only between rich and poor Europe, but also between east and west.

The latest Eurostat data show that only 43% of Swiss people live in their home. In Germany the rate goes up to 52%, in Austria 55%, France 64% and Italy 73%.

The European Union average is fixed at 69%.

The situation changes completely with the rest of Europe, namely the poor one.

Here we find Albania. The latest data released by Instat show that 93% of Albanians own their home, and only 5.5% of them have rented their dwelling place.

This is the second highest rate across Europe, behind Romania with 96%.

Albania is trailed by Macedonia with 90%, Lithuania with 89%, and Hungary with 86%. In Serbia the rate is fixed at 81%.

Due to the high level of informality, especially in the property market, which would make useless figures, Instat’s data refer to a survey.

SCAN

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