Poland’s homeownership among highest in Europe

According to the Polish Economic Institute (PIE), Poland has one of the highest rates of homeownership in Europe, with a greater percentage than the EU average. PIE analysts noted the large proportion of homes built before the 1990s and a high percentage of young people living with their parents.

The ownership rate ranges from 69% (for one adult with children) to 94% (for three or more adults with children). PIE suggests that the high rate of homeownership should not be considered satisfactory due to the age of homes in Poland, with most built during the 1990s. PIE also noted that the limited availability of housing is one of the main reasons why 49% of people aged 18-34 in Poland live with their parents.

Source: PAP