Remove rural homes from China's homeownership stat and the number drops from 90% to 75%. In a 2010 census analysis by JLL, close to 50% of the households counted in China's homeownership statistic were rural. Rural homeownership is close to 100%, with 95% being self-built housing. That inflates the national number enormously. But those rural homes are not what a Western reader imagines when they hear the word
1:33
Remove rural homes from China's homeownership stat and the number drops from 90% to 75%. In a 2010 census analysis by JLL, close to 50% of the households counted in China's homeownership statistic were rural. Rural homeownership is close to 100%, with 95% being self-built housing. That inflates the national number enormously. But those rural homes are not what a Western reader imagines when they hear the word
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