Singapore grew its homeownership rate from 27% to 90% in less than 30 years

Singapore, one of the world's smartest cities

A fascinating look into what makes Singapore one of the smartest cities in the world, including human-centric innovations benefitting human health such as the AI-powered "Smart Elderly Alert System."

US homeownership rates declined from the start of the Great Recession through 2016.

More than 2,000 family offices operate in Singapore

The “Switzerland of Asia,” Singapore, is a haven for global wealth and has attracted a growing number of family offices to set up shop there.

Despite record-high housing costs, Gen Z homeownership is surging

Many Gen Z homeowners have compromised on location and tightened their expenses to make buying a home possible. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

Construction of small, affordable starter homes has decreased 75% since the 1970s.

For much of human history, homeownership was primarily associated with the elite

Before the Industrial Revolution, early mortgages were rather exclusive loans given only to nobility. But as more people gained more wealth through the Industrial Revolution, banks began to take on “higher-risk” loans to everyday people.

About 88% of all homebuyers feel their home is a good investment.

Roughly 10% of US apartments were owned by private equity firms as of 2025.

Housing prices have skyrocketed over the last 50 years

After adjusting for inflation, housing costs have more than doubled since 1965. And based on average incomes, buyers are spending more than five times their income for a home versus buyers in 1965, who typically spent less than three times their income.

Historically, borrowing money from other people to purchase property was common until private financing companies—primarily building and loan associations—stepped in to offer mortgages to buyers.

Renting versus owning a home, charted by age

One-third of American households are rented. The other two-thirds are owned or in the process of becoming owned, according to 2022 data from the American Community Survey. While most people rent in their younger years, homeownership rates tend to fluctuate based on age. To see home ownership and renter rates charted by age, check out these charts.

57% of future homebuyers plan to put down less than the recommended 20% on a house

Historically, experts have recommended buyers put down 20% on a house when buying. But due to rising housing costs and the cost of living, this goal is unattainable for many buyers.

Sovereign wealth funds in the Middle East and Asia surged after the 2008 financial crisis.

Despite earning less than most tech workers, educators have one of the highest rates of homeownership

Annual income largely determines homeownership. In the US, 72% of people in management roles own a home, but educators, who on average earn much less than those working in business, have the second-highest rate of homeownership.

The average wealth gap between homeowners and renters was more than $1.3M in 2022.

Subprime lending practices, which fueled the housing bubble, surged after 2000.

Securitization has become common practice in home financing

When a homebuyer finances with a lender, they aren’t necessarily the one footing the bill. After a buyer secures a home loan, the lender can sell the loan to another financial institution or a private institution. That group can later sell that mortgage to investors. This is called securitization.

Why South Korean women are having fewer babies

For decades, Asian countries have been combating dwindling birth rates by basically bribing families into having more children: offering government-subsidized housing, free IVF treatments, and even straight-up cash handouts. It hasn’t worked. In this BBC video, a TV producer, a cartoonist, and a private-school teacher explain their views on having children in 21st-century Korea.

How life ranks in South Korea

As South Korea developed over the last half of the 20th century, quality of life soared. The country now outperforms the world average when it comes to education, health, and civic engagement, according to the OECD’s Better Life Index. In this dashboard, you can see where South Korea ranks in terms of housing, jobs, income, and more, and compare it against other developed countries.

China has a ‘ghost town of abandoned mansions’

This video shows how China’s property bubble deflated as new-home sales collapsed and more than 50 developers defaulted. In Shenyang, an abandoned “ghost town” reveals the fallout of a boom built on debt and overbuilding that could no longer be sustained.

Owning a home can help build wealth via tax benefits and more

In addition to tax benefits and the potential to build equity in your home, houses are also typically considered an appreciating asset. That means their value is likely to increase over time.

In 2024, 74% of homebuyers took out a mortgage

Debt owed on mortgages made up about 70% of US consumer debt as of 2025. Mortgage collateral ensures the lender isn’t at a complete loss if the borrower defaults. Under most mortgage contracts, the property is considered collateral under the loan. This means that if a borrower doesn’t repay the loan, then the lender can seize their property.

Health savings accounts evolved out of medical savings accounts introduced in the 1990s

After medical savings accounts in Singapore and South Africa proved successful, the US introduced a pilot program for small business owners and the self-employed to pair with high-deductible health plans in 1996. In 2003, Congress passed a law inspired by that program, and health savings accounts became tax-free and open to anyone with a high-deductible plan. FSAs, on the other hand, date back to the 1970s.

Asia-Pacific's share of global venture capital investment has jumped from 3% to 28% in 20 years

China has driven much of that growth due to its manufacturing power and tech sector. This graphic shows how the share of total venture capital deal value changed around the world between 1997 and 2023.

To avoid a total collapse of the housing market, the US government took control of the two leading mortgage companies, Fannie Mae and Freddie Mac.

The world’s top 20 cities for startups include San Francisco

In 2023, Singapore had the highest venture capital funding per capita in the world. But that doesn’t necessarily mean it’s the best place to have a startup. In 2023, PitchBook analyzed data to determine the world’s best startup city, including fundraising activity, venture capital deals, and exit value. San Francisco ranked as No. 1. See which other locales landed in the top 20 with this graphic.

Before the Great Recession, lax requirements to get a mortgage resulted in mass defaults that left nearly 19 million homes vacant.

The National Housing Act established the Federal Housing Administration

During the Great Depression, 1,000 homes were foreclosed on per day, and half of the mortgages across the country defaulted. To address this crisis, President Franklin D. Roosevelt signed the National Housing Act. It established the Federal Housing Administration, which is still around today and helps protect lenders and buyers.

South Korea's decades long effort to build a new capital

South Korea has spent decades trying to ease overcrowding in Seoul by developing Sejong City as a new administrative hub. Named after the king who created Hangul, Sejong was designed to decentralize government functions—but slow population growth and limited transit have complicated the plan.

The pros and cons of long-term renting

Soaring mortgage rates and inflated home prices have led more consumers to opt to rent instead of buying, becoming “forever renters.” This article weighs the costs and benefits of renting instead of buying. Benefits include flexibility, less upkeep, and potentially lower expenses, while downsides include less stability and reliance on landlords. Read this article and decide whether homeownership or renting is the choice for you.

South Korea has the lowest fertility rate in the world

If current birthing trends persist, every hundred South Koreans today will have only six great-grandchildren between them. This crisis is a result of high expenses, harsh work-family trade-offs for women, declining marriage rates, and other societal factors. Some newer policies are helping to build incentives for having children, but larger issues also need to be addressed.

Take a 360-degree look inside Hong Kong's coffin homes

Hong Kong's lack of affordable housing is forcing hundreds of thousands of residents to live in "coffin homes" — a tiny partitioned apartment that is about the size of a coffin. Experience life inside a coffin home through this 360 VR video.

US homes have been shrinking in recent years

Specifically, the median square footage of new single-family homes in the US has decreased in each of the past several years. In 2015, the typical new-construction home was about 2,467 square feet—but by 2024, that number had shrunk to 2,146 square feet.

Marriage rates are declining, especially in the richest countries

89% of the world’s population now live in countries with falling rates. Increasing costs of living, the financial burden of starting a family, and the rise of secularism are some of the key factors reducing marriage rates among the less affluent.

See the annual income required to purchase a typical three-bedroom home in each state as of 2025, based on a 10% down payment, a 6.65% interest rate on a 30-year fixed mortgage, and a 30% income-to-housing cost threshold.

The market share of institutional investors in the US housing market is less than 1%

Institutional investors have drawn negative media attention for their purported role in limiting housing supply and driving housing unaffordability. This report separates myth from fact in the nuanced discussion around institutional investors' role in the US housing market.

Charting the rise of the American McMansion

US homes are growing larger and more luxurious, with Census Bureau data revealing a rise in four-bedroom houses equipped with air conditioning. Experts say the trend of elevated home prices is expected to continue.

Elon Musk founded SpaceX after being unable to purchase affordable rockets abroad

Roughly 37% of first-time US home buyers have student debt

When those people have extra money, they might wonder: Is it better to pay down my mortgage or my student loans first? This article argues that the answer depends on each loan's interest rate, among other factors.

The United States ranks 32nd globally in religious diversity, though it ranks first among the ten most populous nations.

After expanding significantly during the COVID-19 pandemic, homeschooling has continued to grow since.

The rare, so-called 'assumable' mortgage is landing homebuyers a 3% rate.

Meet a 90-year-old who built his own hobbit-inspired house

A retired carpenter built himself a kind-of Hobbit house, and is living comfortably off the grid at 90 years old, tourists notwithstanding. Learn how he did it with this video.

South Koreans grew roughly 7 inches in a century on average

A hundred years ago, the average Korean woman was only 4’7”. Today, she stands nearly eight inches taller than her great-grandmother did, the largest jump of any country on earth. This video from Vox tries to explain why. Turns out, South Korea’s increasing postwar quality of life gave its people a (literal) leg up.

Despite being one of the world's richest nations, Switzerland has the highest household debt of any country in the world, totaling 125% of its GDP.

How interest rates affect homebuying

Rising interest rates impact every aspect of buying a home. This five-minute article gives a high-level overview of the relationship between the housing market and interest rates.

Usonian design was invented as a response to Americans’ financial struggles

Around the time of the Wall Street crash of 1929 and the Great Depression, Frank Lloyd Wright sought to create homes that made life easier for those struggling financially. Usonian homes are typically characterized by simple materials, small square footage, and natural light.

See how 30-year fixed mortgage rates have changed over time—from a 1980s peak of roughly 18%, to hovering around 3% during the COVID-19 pandemic.

A ‘rent vs. buy’ financial calculator

The New York Times built a continuously updated financial calculator to help potential homebuyers figure out which makes more sense given their individual situation: buying or renting a home. It takes into account how long someone plans to own the home for, mortgage rates, and more.

The salary needed to buy a home in the US

Anyone who has recently explored buying a home in the US knows it's not a cheap endeavor. The median salary for the typical American homebuyer has risen to roughly $104K, up from $88K two years ago. This data visualization breaks down the household income required to buy a median-priced home in 50 major US metro areas. Learn more here.