Housing tenure

Housing tenure refers to the legal arrangement under which a person or household occupies a residence. It indicates whether a home is owned outright, bought with a mortgage, rented from a landlord, or provided free of charge. Tenure types include ownership, renting, or other arrangements like occupying a family member’s property. It reflects the stability, costs, and rights associated with living in a particular home, influencing financial commitment and legal protections. Understanding housing tenure helps assess individuals’ living conditions, affordability, and access to housing options within a community.