Wonder what their criteria for adding a country was.
If it was just all the highest, Norway should be on there with 76.3%
https://www.ssb.no/bygg-bolig-og-eiendom/bolig-og-boforhold/statistikk/boforhold-registerbasert
Why is the flag of Chile used for China?
China is in south America?
Viva la República Popular China!!! 🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱
Actually extremely surprised it’s 66% in the US that sounds unreal. I know very few homeowners
Oh Garretts, that’s Chile’s 🇨🇱 flag, not China’s 🇨🇳.
the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry
Land that they don’t actually own, right? The government owns it and leases it?
The government represents the people of China, and land is owned collectively. That’s what communism is, collective ownership.
Sure. But that doesn’t mean the people living in a specific house own that house.
I’m not even criticizing China on this one. It seems like a good system. It’s just funny how the CCP seems to desperately need to be #1 on every list, even when it makes no sense like home ownership in a nation where nobody owns their home.
In practical terms, they own it in exact the same way a person owns a home in any western country.
“Home ownership” means owning your home. You can argue the semantics. But at the end of the day either you own your home or not. And in China you do not.
Then you don’t own it in a western country either because as soon as you stop paying your property tax then you lose your home. You’re just regurgitating nonsense without actually thinking about it.
You only “own” a house as long as you can rely on the police to enforce your claim. The concept is the same. It’s just in China they made a policy decision not to enforce landlords’ claims in order to reduce inequality.
low effort try harder
never heard of eminent domain?
this misses an important point i think.
in germany people live for a very long time in the same rented apartment. 20-30 years is common, as i understand it. homeownership is not seen as a “goal”. i think adding an axis for tenancy length would be useful.
Might also have something to do with tenants having so many rights that they just don’t have many of the disadvantages they’d have in other countries.
In Spain at least, a lot of ppl live in what looks like highrise apartment buildings, but many are actually condos owned out right. I’m surprised that’s not more of the case in France and Germany, just letting landlords gobble up real estate like the US.
What is the difference between a condo and a highrise ?
A highrise just means any tall building, with enough floors to make an elevator required.
Housing highrise buildings can either have apartments for rent, or condos sold outright (usually with some kind of a homeowners association that takes care of utilities, trash, etc that you have to pay recurring fees to).
In my country (the US), highrise condos exist but are much rarer than every other form of housing. In Spain I saw a lot of highrise condo buildings, some of the condos even had two floors. Imagine a mansion inside of a highrise building, pretty neat.
Is it fair to call a 70 year lease from the government “ownership”?
Nobody “owns” land. Even under capitalism. If you think you do, stop paying the
renttax you pay the government in order to “own” that land and see what happens.Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
Yeah China should definitely not be on this list.
Looking forward to the bot account’s mental gymnastics to tell me why I’m wrong
