Ignas | DeFi
@ignas
The richer the country, the lower the homeownership rate. Why is that?
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CryptoPlaza🎩Ⓜ️💜 OG449
@especulacion
In wealthier countries, people often change jobs or relocate more frequently, making renting a more flexible option .These countries have efficient rental markets, making renting more attractive. Real estate prices tend to be higher, especially in urban areas, discouraging homeownership. Cultural reasons and tax policies could also be important factors.
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