There are a total of 15 countries across the globe in whichover 30% of the population rent their homes. Switzerland has the world leading population of home renters in the world by percentage. It is also the only country globally in which majority of the population prefer to rent rather than own their own homes,standing at 56.6%.
People also ask
Why do people rent instead of own a home?
If you have a family, you may choose to rent because you feel just as safe financially renting a home as owning it. A person choice to rent instead of buy a home may be based on traditional factors that have always restricted access to homeownership.
How is the renting of homes across the world?
From simple rent ?tenant agreement to complex marketing strategies through third-party companies, renting of homes has been a significantly growing sector in several countries. However, a greater percentage of individuals across the world p refer to own their own houses, with the exception of Switzerland.
What is the average age of someone who rents a house?
As age increases, the percentage of people that rent instead of own their properties falls, according to most rental property statistics. In the 35?4 age group, 41% of people rent their homes, compared to just 28% in the 45?4 age range, and 21% in the 65 and over category.
What is the rental of homes?
The renting of homes is a practice that has advanced over the years into a diverse industry. From simple rent ?tenant agreement to complex marketing strategies through third-party companies, renting of homes has been a significantly growing sector in several countries.