Experts from German Institute for Economic Research have studied the housing market of the European Union. Romania has the highest homeownership rate: 96.6% of houses and flats there are occupied by owners. Rent is most common in Germany, where only 45.8% of real property items are occupied by owners, according to ee24.com citing kyero.com.
Buying a house or apartment is typical for most inhabitants of Eastern Europe. The rate is: Romania - 96.6%, Lithuania - 92.3%, Croatia - 92.1%, Slovakia - 90.2%, Bulgaria - 87.2%, Estonia - 83.5%, Latvia - 82.5% and Poland - 82.1%.
Mid rate is in Portugal (75%), Finland (74.1%), Cyprus (73.8%) and Italy (72.9%).
People prefer to rent in Denmark, where only 67.1% of real property items are occupied by owners, as well as in France (63.1%), Austria (57.5%) and Germany (45.8%).