Posted 3/25/2024, 4:40:10 AM
UK Housing: Small, Old, Inefficient and Inconvenient But Most Costly Among Developed Nations
- UK spends more on housing relative to income than almost any other developed country, but gets the worst value in terms of size, quality, and location
- British homes are smaller on average than those in Germany, Denmark, France, Taiwan, and Japan
- Almost 40% of UK homes were built before WWII, double the percentage in the Netherlands
- UK houses perform poorly on energy efficiency and likely dampness
- Brits spend more time commuting than EU average, so housing isn't conveniently located
