Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Real Estate: Eurostat: Romania remains...

Real Estate: Eurostat: Romania remains the country with the highest percentage of homeowners in the EU

February 9, 2022

In 2020, 70% of the population in the EU lived in a household owning their home, while the remaining 30% lived in rented housing.    The highest shares of ownership were observed in Romania, where 96% of the population lived in a household that owned their home, followed by Slovakia (92%), Hungary and Croatia (both 91%).   In all Member States, except for Germany, owning is most common. In Germany’s case, half of the population lived in a household owning their home and the other half in a rented home. The shares of homeownership were lowest also in Austria (55%) and Denmark (59%).    Eurostat data also show that, at EU level, 53% of the population lives in a house and 46% in an apartment, while the remaining 1% live in another type of space such as a house on rivers, caravans, etc. Ireland with 92% is the country with the highest percentage of people living in a house, on the other hand being Spain where 66% of people live in an apartment.   In Romania, 65.9% of the inhabitants live at home and 34.1% live in an apartment. But Romania ranks last in the EU when it comes to housing size, measured by the average number of rooms per person. While in the EU the average is 1.6 rooms for one person, in Romania it is 1.1 rooms for one person. The best in this respect are Malta with 2.3 rooms per person, followed by Belgium and Ireland, both with 2.1 rooms per person.   Also, when it comes to the quality of housing, which can be measured in several ways including the percentage of the population living in a crowded home, Romania is the country with the highest congestion rate (45.1%), while At EU level, less than 18% of the population lived in a crowded home in 2020, down from 19.1% in 2010.  

Read in full - click here
Romanian mobile phone accessory chain store Contakt announces Prague expansion during IPO

The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB).  Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]

Saharan dust cloud expected in Romania this wekeend

Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...

Growth in Romania: Business sector tripled revenues and quadrupled profitability in 2008-2024, study finds

Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]

Romania’s Gheorghe Hagi ranked 82nd greatest footballer of all time

The former Romanian midfielder Gheorghe Hagi is in 82nd place in the ranking of the greatest footballers of all time, compiled by international sports magazine The Athletic, cited by TuttoMercatoWeb. In the opinion of The Athletic, the greatest...

Romania still last in EU regarding public health expenses, most money goes to salaries

Romania has considerably increased its budget for healthcare in recent years, but it remains last placed in the European Union, with EUR 971 per inhabitant going to the health system, Digi24 reported. Most of this amount is spent on the salaries of doctors and nurses. The EU average regarding...

Weapons transport spotted entering Romania from Moldova

A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...