chin China has the highest proportion of millennials who own their homes , according to an HSBC survey of nine countries across the world . The study found that 70 % of Chinese people aged 19 to 36 owned their own home , compared to 39 % in the US and 31 % in the UK . Analysts believe a handful of parents are behind China 's impressive growth , with the one - party policy meaning that parents resources are dot divided . Other reasons include relatively high incomes for young people and a high cultural significance placed on home ownership .
Mainland China has the highest proportion of millennials who own their homes, according to an HSBC survey of nine countries across the world. The study found that 70% of Chinese people aged 19 to 36 owned their own home, compared to 35% in the US and 31% in the UK. Analysts believe a handful of factors are behind China's impressive score, with the one-child policy meaning that parents resources are dot divided. Other reasons include relatively high incomes for young people and a high cultural significance placed on home ownership.