Full Breakdown
European Homeownership: A Growing Challenge
2/19/2026, 8:10:25 PM
Current Homeownership Sentiment Across Europe
A recent survey conducted by RE/MAX, the European Housing Trend Report 2025, reveals that nearly half of Europeans who do not own a home are either pessimistic about their ability to purchase one or uninterested in doing so. The survey, which included responses from 23 countries, found that 29% of participants believe they will "never" be able to buy a property. This sentiment is particularly pronounced in countries like Czechia, where 44% of respondents expressed such views, and Slovenia (39%), Italy (35%), and Hungary (33%). In contrast, Turkey reported the lowest level of pessimism, with only 13% of respondents indicating they would never buy a home.
Cultural Influences on Homeownership
Michael Polzler, CEO of RE/MAX Europe, noted that cultural factors significantly influence homeownership attitudes. In Germany and Austria, for example, renting is more culturally accepted, leading to a lower urgency for home purchases. The survey indicated that 15% of respondents across Europe are not interested in buying a home, with Germany (31%) and the Netherlands (27%) showing higher levels of disinterest compared to countries like Ireland (4%) and Spain (7%).
Combined Perspectives on Homeownership
When combining those who believe they will never buy a home with those uninterested in purchasing, the total rises to 44% across Europe. This figure is even higher in Germany (59%), Austria (54%), and Czechia (54%). In contrast, Turkey remains an outlier, with only 18% of respondents expressing similar sentiments. Polzler emphasized that in Turkey, property is still viewed as a primary store of value despite economic challenges.
Reasons for Not Purchasing a Home
The reasons for not wanting to buy a home vary significantly. Among those who do not own property, 53% reported satisfaction with their current living situation, while 21% cited a desire to avoid the responsibilities associated with homeownership. Flexibility is also a key factor, with 16% preferring the ability to move easily without being tied to a location. Only 5% expressed concerns about falling property prices.
Evolving Perceptions of Homeownership
Polzler highlighted that while homeownership remains a significant goal for many Europeans, its perception is shifting. Previously viewed primarily as a social milestone, it is increasingly seen as a financial strategy. According to Eurostat, approximately 70% of EU residents own their homes, while 30% rent, indicating a complex landscape of housing preferences and economic realities.
Conclusion
The RE/MAX European Housing Trend Report 2025 underscores the challenges facing potential homeowners across Europe. With rising property prices and varying cultural attitudes towards homeownership, many Europeans are reassessing their aspirations in the housing market.
