from Hacker News

The country where 96% of homes are privately owned

by mih on 11/21/18, 4:10 PM with 9 comments

  • by portmanteaufu on 11/21/18, 4:46 PM

    > The country where 96% of homes are privately owned

    Romania. The country is Romania.

  • by LandR on 11/21/18, 4:43 PM

    What an insufferable way to present an article! Having to click next to load each paragraph and image is just idiotic.

    I'm not even sure the pictures really having anything to do with the paragraph for the image.

    Idiotic.

  • by doombolt on 11/21/18, 4:47 PM

    After the USSR fell apart, in Russia you could turn state-owned apartment that you occupied into your own ownership. Once per person, but basically for free. This means people who "rented" apartments will now own them.

    Fast forward 25 years, and that gave enormous amount of apartment ownership. Yes, rent market is chaotic since you almost always rent from a private person. And yes, there's enormous divide between people who inherited an apartment in a large city and people who for some reason do not have an apartment of their own and have to rent.