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2141, 06 Apr 17

70% of Millennials in China Own a Home

Interesting cultural differences.

While young people around the world are struggling to get on the property ladder, an HSBC study found that 70% of Chinese millennials have achieved the milestone.

A sizeable 91% also plan to buy a house in the next five years, according to the survey.

The mortgage lender spoke to around 9,000 people based in nine countries.

While China came out top of the pack, Mexico was next with 46% of millennials owning property, followed by France with 41%.


2141, 06 April 2017

1 Comment

  1. Jason

    Something doesn’t smell right there. They are postulating 70% based on “around 9000” people…. wtf?

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