concept   homeownership
15 commonsense assertions
Cultures (14) • Germany (2) • India (1) • Australia (1) • Japan (1) • China (1) • Norway (1) • Real estate-focused culture (1) • Sweden (1) • Netherlands (1) • Saudi Arabia (1) • South Korea (1) • United Arab Emirates (1) • Developed countries (1) • impoverished societies (1)
# Concept Culture Statement Freq.
1 homeownership Germany Homeownership is less preferred in Germany due to cultural attitudes, strict regulations, and job market flexibility. 17
2 homeownership India Owning a property is a major life goal for Indians, but less common due to economic factors and involves extensive family involvement. 10
3 homeownership Australia Homeownership is seen as a symbol of success and stability in Australian culture, with established rental regulations. 7
4 homeownership Japan In Japan, homeownership is a major financial and cultural milestone that involves family input and extensive paperwork. 6
5 homeownership Germany In Germany, homeownership is seen as a significant marker of success and financial security. 5
6 homeownership China Homeownership in China is highly valued as a symbol of financial success and family security. 4
7 homeownership Norway In Norway, renting is socially accepted and prioritizes flexibility over homeownership. 4
8 homeownership Real estate-focused culture Homeownership is seen as a symbol of wealth and success and is a major life goal in a real estate-focused culture. 3
9 homeownership Sweden Homeownership is not prioritized in Swedish culture and renting is preferred for flexibility and avoiding financial burden. 3
10 homeownership Netherlands Homeownership is not central to success in Dutch culture, where renting is socially accepted. 2
11 homeownership Saudi Arabia Homeownership in Saudi Arabia is a symbol of success and typically requires a substantial down payment. 2
12 homeownership South Korea Owning a home in South Korea symbolizes financial stability and requires a meticulous approval process with local authorities. 2
13 homeownership United Arab Emirates In the UAE, homeownership is seen as a symbol of success and often entails a large initial payment. 2
14 homeownership Developed countries Homeownership is a common and achievable goal in developed countries for many individuals and families. 1
15 homeownership impoverished societies Owning a home in impoverished societies is difficult because of financial constraints and unstable living conditions. 1