Is it fair to call a 70 year lease from the government “ownership”?
Not a very useful measure if a country has cheap and reliable publicly owned rental apartments. I would prefer rental because it’s easier to leave.
In Spain, the rate has decreased 4 points in 10 years:
Blue line: 30-44 years old. Green line: total.Japan weirdly high on that list, though Japanese real estate is within reach even for me
86.6% looks too high for India.
India is often dishonest with their data. Many politicians will lie to save face. But even if the numbers are “real”, it’s worth asking yourself what they are considering a home. Plenty of people live in scrap houses on land they don’t own, are they “homeowners” in this data. India has squatters rights, if they can’t be removed from someone else’s property they’ve lived in for decades are they “homeowners” in this data? If someone’s has a live in servant who has a separated house on their property, are they “homeowners”? My guess is that india is defining homeowners very loosely.
It’d be worth looking into their source there.
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
I love this video because it really concisely breaks down what needs to be done, in a common-sense way. Countries thinking they can solve their problems while skipping the most important step the PRC and other socialist countries took - eliminating the parasitic landlord class and nationalizing industry and finance, are deluded.
Paul Cockshott - Obstacles to the China path in Latin America.
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.
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.
Spain is a lot like the big cities of India than. I have recently seen ads for duplex highrise apartments here as well, but prohibitively expensive for me.
There is a subsection of the population mostly made up of pensioniers that occupy flats with ~30-70 year old renting contracts that mean through a web of interdependent laws they pay reasonable accomodation for their dwellings, close to, sometimes under, maybe slightly over upkeep.
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact. Homeownership in germany is not seen as a goal on account of people having given up on a pipedream they’ll never reach anyways for the most part. It’s basically not possible for large swathes of the population born in the 1980s and onwards.
Incidentally, germany is a hotbed of money laundering and storing for organized crime in the EU because the laws around buying and selling houses are set up in a way that makes it incredibly easy to basically nullify any search and discovery or building enforcement on them because as it stands it pits, if I transliterate to an americanized audience, Cletus the slack jawed Yokel from Nowhere, PA against Shadow Housing Dealings S.A.R.L. (registered to a cyprese postbox that currently resides at the deep end of the mariana trench). Nothing will ever be done about this because the same laws also benefits people like former health minister / organized crime head Jens Spahn when he is gifted a multimillion flat that not even convicted journalists can get info on
eh close enough
One is Long Country, the other is Long March. Same difference, right?
So which Chi is it?
789 man
Why is the flag of Chile used for China?
They goofed.
Actually extremely surprised it’s 66% in the US that sounds unreal. I know very few homeowners
Same, looking at my peers, none of them own the home, maybe 1/5 has a mortgage, and the rest either rent or live with parents.
Was about to say, 66 sounds unreal but then again would explain how insane the politics are
Oh Garretts, that’s Chile’s 🇨🇱 flag, not China’s 🇨🇳.
I didn’t know China was using the same flag as Chile
