Singapore

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Did you know

Singapore has one of the world's highest homeownership rates at over 90% — but the secret is the HDB, the government agency that built and sold subsidized flats to the majority of the population. In a crowd of 2,000 Singaporeans, roughly 1,800 own their home. The catch: they're buying 99-year leases, not freehold land. Ownership is temporary by design.

See also: Going Home Alone
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1,800 Homeowners. Built by Government.

Singapore has the highest homeownership rate in the world — 90%. In a crowd of 2,000 Singaporeans, 1,800 own their home. The United States achieves 66% through the free market. Taiwan achieves 84% through culture and inheritance. Singapore achieves 90% through a government program that builds, prices, and sells housing to its citizens. Three countries, three philosophies, one number that means completely different things in each place.

1,800/ 2,000
Homeowners
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