that number does not feel right. global statistics show only very few countries with a homeownership of less than 50%, two of which are germany and switzerland.

that number does not feel right. global statistics show only very few countries with a homeownership of less than 50%, two of which are germany and switzerland. and there it's not because they can't afford it but because the cities where people want to live do not even offer enough properties for sale because the majority of housing is owned by large rental businesses. https://worldpopulationreview.com/country-rankings/home-ownership-by-country 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/ 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.