{"id":121128,"date":"2018-03-15T00:00:00","date_gmt":"2018-03-14T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/romania-ranks-first-in-the-eu-for-homeownership-rates\/"},"modified":"2026-03-28T10:45:23","modified_gmt":"2026-03-28T08:45:23","slug":"romania-ranks-first-in-the-eu-for-homeownership-rates","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/romania-ranks-first-in-the-eu-for-homeownership-rates\/","title":{"rendered":"Romania Ranks First in the EU for Homeownership Rates"},"content":{"rendered":"<p>Over 95% of Romanian citizens were, in 2016, owners of the homes they lived in. According to&nbsp; the Eurostat report, this is the highest percentage of homeowners recorded among EU member states.<\/p>\n<p>In Romania, the percentage of citizens who own the homes they live in was 95.6% in 2016, the highest percentage in the European Union. Romania is followed by Croatia and Lithuania, where 89.9% of citizens own their own home, and Slovakia, where the percentage is 89.5%.<\/p>\n<p>At the opposite end are Austria, Denmark, and Germany. Thus, while 62% of Austrians own a home, the percentage of Danes who are owners is 58.6%, while Germany occupied the last place in the ranking in 2016. There, less than half of the country&#8217;s citizens (49.8%) owned a property in 2016. <\/p>\n<p>Only one-third of foreign citizens in the EU are owners<\/p>\n<p>According to the report published by Eurostat, at the European Union level,&nbsp; the average of citizens who are legal owners is 70.6%. On the other hand, the percentage of foreigners who own their own home is only 30%.<\/p>\n<p>The highest percentage of foreign citizens owning a property was recorded in 2016 in Lithuania &ndash; 88%, Estonia &ndash; 85.4% and Croatia &ndash; 82.4%.<\/p>\n<p>Slovenia (19.1%), Austria (19.9%) and Italy (20.7%) are the European Union states where only a small part of foreign citizens managed to purchase a home.<\/p>\n<p>Almost all Romanians over 55 are owners<\/p>\n<p>The percentage of Romanians aged between 55 and 64 who owned a property was 98.5% in 2016, according to the Eurostat report.<\/p>\n<p>However, the same report indicates that almost half of Romanian citizens (48.8%) lived in overcrowded housing in 2016, while the EU average was 16.3%. This problem was almost non-existent in Cyprus, where only 1.7% of citizens lived in overcrowded housing, and Belgium, where the percentage of citizens who did not have enough space was 2.3%.<\/p>\n<p>15% of Romanians barely cope with expenses<\/p>\n<p>Romania is on the list of the seven EU member states where over 10% of citizens are burdened by housing costs.<\/p>\n<p>Thus, in 2016, this problem was faced by citizens in Greece (39.6%), Bulgaria (18.4%), Denmark (16.3%), Germany (15.2%), Romania (14.1%), the United Kingdom (12.1%) and the Netherlands (11.2%).<\/p>\n<p>Source: <a href=\"http:\/\/www.media.imopedia.ro\" data-wplink-url-error=\"true\">Imopedia\/Media<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the homeownership rate in Romania?<\/strong><\/p>\n<p>As of 2016, Romania had the highest homeownership rate in the European Union, with 95.6% of citizens owning their homes.<\/p>\n<p><strong>Which EU countries have the lowest homeownership rates?<\/strong><\/p>\n<p>Germany (49.8%), Denmark (58.6%), and Austria (62%) recorded the lowest percentages of homeowners in the EU.<\/p>\n<p><strong>What housing challenges do Romanians face despite high ownership?<\/strong><\/p>\n<p>Approximately 48.8% of Romanians live in overcrowded conditions, significantly higher than the EU average of 16.3%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 95% of Romanian citizens were, in 2016, owners of the homes they lived in. According to&nbsp; the Eurostat report, this is the highest percentage of homeowners recorded among EU member states. In Romania, the percentage of citizens who own the homes they live in was 95.6% in 2016, the highest percentage in the European&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2857],"tags":[],"thb-sponsors":[],"class_list":["post-121128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/tranzactii-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/121128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=121128"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/121128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67164"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=121128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=121128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=121128"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=121128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}