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Homeownership levels rise Print E-mail
Thursday, 02 August 2007

Scotland is becoming a nation of property-owning people who live by themselves according to the latest figures on the way we live.

The eighth annual Scottish Household Survey (SHS) shows that the level of home ownership in Scotland has increased since 1999, with owner occupation accounting for 66 per cent of all households, up from 62 per cent in since the first SHS in 1999/2000. Of those owning a property, 30 per cent own it outright, up from 23 per cent in 1999.

Nearly a third – 32 per cent- of Scots live by themselves, with 26 per cent of Scottish households having children, and only five per cent of households contain five or more members.

Household savings have decreased, with only half of all households reporting they had savings or investments, down from 53 per cent in 1999. In Dundee and Glasgow, only 38 and 34 per cent of households reported holding savings or investments.

Other features of Scottish society revealed by the survey include 56 per cent of Scottish households having Internet access at the end of 2006, up from 21 per cent in 2001 and 68 per cent of all households having access to a private car.

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Last Updated ( Thursday, 02 August 2007 )
 

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