Looking at this, seeing that 50% are homeowners is actually astoundingly good. In a lot of countries 50% cannot afford to be homeowners.
This is an international community here on HN, would love to hear takes from other countries.
This is an international community here on HN, would love to hear takes from other countries.
https://worldpopulationreview.com/country-rankings/home-owne...
the europe average is around 70% and globally i expect it is similar. unfortunately numbers for africa are mostly missing. the few examples there suggest that homeownership is either high, or extremely low, which means you could be correct, but i'd like to see actual numbers. and then it is still a question why it is low. it could be because land is owned by government, tribes or private and not for sale.
https://globalhousingdatabase.com/ shows more african countries, with most of them being medium to high. but it also hows high for nigeria, whereas the other statistic shows nigeria with 25%, and south africa and kenya are shown as much lower here compared to above.