Mythbuster: French prefer renting to buying

A few years ago a UK daily newspaper ran an article on how English people ‘see themselves as kings of their own castles’ while the ‘Germans and French prefer to rent’.

This is still a common belief but it is increasingly untrue. In fact recent figures from the EU statistics body Eurostat show a slightly higher percentage of home ownership in France than in the UK: 2015 figures (the most recent available) show the UK at 63.5%, compared to France at 64.1%.

Trends have been going in opposite directions in the UK and France for a few years.

In France home ownership rose from 60.5% in 2007 to 65% in 2014, according to Eurostat, with a small tail-off the following year.

On the other hand home-ownership in ...

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