Wait, really? I know maybe one person in my age group personally who actually owns their apartment, and that’s thanks to their parents dumping their savings into it, essentially. Everyone else either rents or stuck with a mortgage.
I think so, take a look. From what I know, this is because many still live in their houses from the Soviet period, the large majority can’t afford new ones.
Yes, idk how in Russia but in Poland there is high rate of ownership mostly because of two reasons:
A lot of housing was owned by the local administrations, industry, PGR’s etc. - in short, more or less directly by the state. But the industry got destroyed and local administration “reform” of 1999 increased their expenses and responsibilities - all this combined with neoliberal dogma caused them to get rid of it. Fortunately, and in a very rare for Poland not choosing the worst possible option - instead of selling everything to landlords they mostly sold it very cheap to the current tenants (some got sold to landlords, mostly local bonzos and of course it caused people lives to be miserable).
Afaik the bank credit slaves are counted as “owners”.
You mean, Eastern Europeans having much higher rates of home ownership than Western Europeans and Americans?
Wait, really? I know maybe one person in my age group personally who actually owns their apartment, and that’s thanks to their parents dumping their savings into it, essentially. Everyone else either rents or stuck with a mortgage.
I think so, take a look. From what I know, this is because many still live in their houses from the Soviet period, the large majority can’t afford new ones.
Thank you
Yes, idk how in Russia but in Poland there is high rate of ownership mostly because of two reasons:
Thank you