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by applfanboysbgon
11 days ago
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Singapore is surveyed as either the happiest or second-happiest country in Asia (IIRC), with at one point a >95% homeownership rate due to government policy (although I believe that's now closer to 90%, in part due to foreign immigration?). It seems self-evident that having a home is somewhere on the order of 1000000x more important than being able to buy lots of cheap junk that barely matters. |
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So you're probably wrong on all points here.
[1] https://data.worldhappiness.report/country/SGP
[2] https://data.worldhappiness.report/country/USA
I'm curious what people are quibbling with here? Romania has the world's highest rate of home ownership at 96% and only ranks as 34th in happiness. Or maybe Kazakhstan but I can't verify the data on that, and it's right beside Romania in happiness. Switzerland has the world's 4th lowest rate of home ownership and ranks 10th happiest. It seems like from a data perspective there is no empirical support for the idea that home ownership directly correlates to societal happiness.