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10 Comments
No
Yes, but most homes are multigenerational.
For example I have a house somewhat larger than 100m2 per floor. My grandmother is on the ground floor, my parents on the first, and I’m on the second.
My grandmother has her own entrance, but my parents and I share the entrance space( hallway).
When my grandmother dies, my parents will probably move to the ground floor so I can have the first and second for my family (hoping for kids in the future).
Also most homes aren’t built at once. For example my grandfather built the outer walls of the house and prepared a single floor for my grandmother, him and my father. Other floors were just empty with some walls.
My father then did another floor and I did the third.
Could be.
yes
Idk. All i know is that here people don’t really buy a home as an investment, and i think transferring ownership is far more common than selling the home for profit. Also, people live with their parents for much longer than in the west. Here it’s pretty normal to be 25 and still be living with your parents. I suspect things are changing because young people are simply unable to buy a home, and their only chance to own a home one day is inheritance.
This high percentage is only as long as property taxes are not being assessed. Most rural housing is owner occupied. When they do get around to assessing property taxes then this will drop by a lot. Few people have the spare funds to cover the cost of keeping unused residences. Then BLACKROCK (Hedge funds) will buy it all.
No it doesn’t. Most young people live with their families because they can’t afford to buy a house (huge prices and small wages). It’s just delusion that most Croatians are home owners lol
Yes. People mostly either live with their family in multigenerational homes or receive an apartment from their family as a gift. Most of the people I know received an apartment as a present from their family while they were in their twenties. A smaller percentage I know bought their own home, but the purchase was also heavily supported by the family (or even two families if a young married couple is buying). It is considered disadvantageous to live in a rented property, so people prefer to live in overcrowded apartments but own them, rather than to live in a properly sized rented property.
Seems way too high. I guess it depends on how the question was phrased.
I’ve seen lots of statistics about how long people in European countries live with their parents, and Croatia is often in the top 5 (average is until like 33 years old or something) along with the usual suspects such as Serbia, Bosnia, and other countries in this region. All of them are at the top of this list as well
I understand that in this part of Europe we value homeownership a bit more than in other parts of Europe. Still, 91% seems way too high if you ask me. I’d love to take a look at the actual study and see how it was done.
I honestly dont have a single elementary/high school/college friend who bought his own house or apartment. All my first cousins life at home also. People maybe get a separate entarance to an old house but buying in this economy only for the top earners.
Guy at work closes to my age says he only has his apartment cuz dad fliped real estates before, one other +30y old guy has a wife and a kid in a one bedroom apartment.