As of 2019, more than 60 percent of China's lower-tier population owned an apartment or a house. The ownership rate was significantly higher compared to big-city residents. Approximately 41 percent of homeowners from lower-tier cities and towns did not have any mortgage on their property.
Share of lower-tier cities and rural residents who own real estate properties in China as of 2019
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199IT. (September 17, 2019). Share of lower-tier cities and rural residents who own real estate properties in China as of 2019 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/
199IT. "Share of lower-tier cities and rural residents who own real estate properties in China as of 2019." Chart. September 17, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/
199IT. (2019). Share of lower-tier cities and rural residents who own real estate properties in China as of 2019. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/
199IT. "Share of Lower-tier Cities and Rural Residents Who Own Real Estate Properties in China as of 2019." Statista, Statista Inc., 17 Sep 2019, https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/
199IT, Share of lower-tier cities and rural residents who own real estate properties in China as of 2019 Statista, https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/ (last visited December 21, 2024)
Share of lower-tier cities and rural residents who own real estate properties in China as of 2019 [Graph], 199IT, September 17, 2019. [Online]. Available: https://www.statista.com/statistics/1249377/china-real-estate-property-ownership-of-lower-tier-cities-and-rual-residents/
