Property News · January 13, 2025

UK low- to middle-income families far poorer than OECD counterparts – study


Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European averageLow- to middle-income families in Britain are far poorer than their counterparts in western Europe because of sky-high housing costs, according to an analysis by the Resolution Foundation.The thinktank said that while prices in the UK were 8% higher than the average in the 38 member countries of the Organisation for Economic Cooperation and Development (OECD), less well-off Britons were more affected by the cost of housing, which is 44% higher in the UK than the OECD average. Continue reading…

Source : theguardian.com
Read more…UK low- to middle-income families far poorer than OECD counterparts – study

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