Albanians own smallest homes in Europe, but there’s a large number of home owners

18/06/2018 19:44

Belgium, Ireland and Luxembourg have the highest number of rooms, with 5 in average. The average in the EU was 4 rooms.

A poll held by the European Commission for studying the life quality, notes that Albanians have the lowest number of rooms in their homes, but they are listed among the countries where most of the people own the houses where they live.

According to the poll, Montenegro and Latvia were among the countries with the lowest number of rooms in their homes, three rooms per house in average.

Most of Albanians are owners of the houses they live in, a total of 77%. 8% were living in rented homes, 3% had a mortgage to pay.

In Europe, Bulgaria held the record, with 92% of the people being owners of the homes they lived in.

Denmark had the lowest number, with only 9% of the people owning the homes they lived in. The European average for house owning is 45%. 22% are owners, but they have a loan to pay. 14% live on a rent.

Builders in Albania confirm that the tendency of citizens is to buy small apartments. Individuals don’t want larger homes because they cost more and they need more other investments in heating and maintenance. Plus, smaller homes are easier to be leased.

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