More singles, more owners
More and more single people are taking the step towards owning their own home. According to new figures from Fednot, last year only one name appeared on the deed for 56% of apartments purchased; in Antwerp, this figure rises to 61%. Singles are also gaining ground in the housing market. According to notary Bart van Opstal, this is logical: “Single people and single parents now make up around 45% of Belgian households, and this trend is clearly visible in the housing market.” It is striking that young singles between the ages of 26 and 30 in particular are no longer waiting for a partner, but are buying their own apartments. “They have often been working for several years and don't want to be left behind,” says Van Opstal. The expensive and tight rental market certainly plays a role in this. “For that rent, I might as well pay off a loan,” we often hear. Moreover, apartments are smaller and therefore more affordable, and later on they can be an asset: if they do meet a partner, selling both of their properties can be a nice step towards a more spacious home.