Bulgaria is a record-breaker in own homes in Europe. The country ranks second in the European Union (EU) by the share of the population living in their own homes, according to the European statistical office Eurostat. -The percentage of own homes in Bulgaria is approximately 96% and is considerably higher than in other european countries. In Bulgaria there is shrinking population and an increased number of dwellings in the country, mainly in the big cities. Bulgaria's population has declined by 7%, while the number of homes in the country rose by 5.4%.
It appears also that Bulgaria ranks second in the EU's share of the population that inhabits overcrowded homes with multiple households, often - from different generations who do not have their own rooms.
Over 27 percent of the population lives in areas with high crime and vandalism.
Own home does not bring happiness
Own home does not bring happiness - said Professor Andrew Oswald of the University "Warwick" in the UK. He is the author of the theory that there is a direct correlation between the percentage of owning your own home and the level of unemployment. According to the National Statistical Institute average of 2.5 Bulgarians there is one apartment. According to this indicator wе are one of the first places in Europe - together with Northern Ireland and Spain. They are fighting for the highest unemployment rates. On the contrary - in countries with the least property owners such as the Netherlands and Switzerland agencies renting apartments flourish and unemployment remains at an acceptable level. The idea is quite simple: where people are owners, they remain trapped in the property and almost reluctant to move elsewhere in search of a suitable job. And vice versa - where most people live on rent when losing their jobs, they are forced at all costs to find a new one in order to pay for housing. So they become more mobile.
© 2013 Martin Iliev