Homes in England are more cramped than ones in New York City and offer the worst value for money in the developed world
Homes in England are more cramped than ones in New York City and offer the worst value for money in the developed world
And also offer the worst value for money in the developed world.
Homes in England are more cramped than those in New York City, according to new analysis that showed UK property offers the worst value for money in the developed world.
The Resolution Foundation found that the UK has the oldest properties in Europe and English homes have less floorspace than many international peers, notably Germany, France and Japan. With 38 square meters on average per person, London homes are even more cramped than those in New York City.
The findings, which also show UK housing costs are also more expensive relative to general prices than in any OECD country, underscore the scale of the housing crisis in Britain. Many younger Britons are struggling to get a foot on the property ladder due to soaring prices, and the issue is rising up the political agenda ahead of an election expected later this year.
“By looking at housing costs, floorspace and wider issues of quality, we find that the UK’s expensive, cramped and aging housing stock offers the worst value for money of any advanced economy,” said Adam Corlett, principal economist at the Resolution Foundation. “Britain’s housing crisis is decades in the making, with successive governments failing to build enough new homes and modernize our existing stock. That now has to change.”
The Resolution Foundation found that if all UK households were “exposed to the full brunt of the housing market, the UK would devote the highest share of overall spending to housing” to every OECD country except Finland.
Some 38% of UK homes were built before 1946, higher than the level of 29% in France, 24% in Germany, 21% in Italy and 11% in Spain. That means British properties by comparison are poorly insulated and come with higher energy bills.
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Some 38% of UK homes were built before 1946, higher than the level of 29% in France, 24% in Germany, 21% in Italy and 11% in Spain. That means British properties by comparison are poorly insulated and come with higher energy bills.
I'm assuming this number is so high in the UK because the rest of Europe had much if its older housing destroyed by war and subsequently rebuilt after WWI and WWII.
Sweden has prioritized extra insulation since the oil crisis in the 70's. I think it's not only about countries being bombed in WW II, but also about bigger political decisions.
Edit: Boned? Go home autocorrect, you're drunk!
They made sensible decisions after the oil crisis showed they could be kneecapped at any moment? What is this heresy? [Climbs up ladder into truck.]
Same time period that the Netherlands went all-in on making it safe and popular to cycle everywhere.
The Battle of Britain during WW2 destroyed a lot of British cities, major ports, and industrial centres, to the point that the rations system continued into the 1950s because the country was broke and rebuilding.
Oh don't think I was suggesting the UK came out of WWII unscathed. Far from it. However this article is about residential housing. Yes, there were houses destroyed, especially with V1 launches, but most of the bombing were against industrial targets. As you said, ports and industrial centers. Further, Britain never had foreign troops battling on its land in WWI or WWII, which can't be said for continental Europe.
My point was that residential housing was specifically targeted tactically with the shifting front lines in continental Europe, where that wasn't the case in the UK.
Spain was neutral during WW1 and WW2. They did have a big civil war, but that was less destructive than WW2 (still very bad though, just not nearly as bad as WW2).
For Germany it might be the reason: Lots of large German cities were mostly destroyed, some practically entirely + they had a large amount of refugees from east of the Oder that needed new places to live.
This level of destruction was not/much less the case in France and Italy. A quick google search says that France actually lost less housing stock during ww2 than Britain did. https://www.britannica.com/topic/casualties-of-World-War-II-2231003
In Germany (and other European nations) it's easier to get planning permission to demolish existing houses and then self build.
one of Kirsten Dirksen’s videos also mentioned in EU in addition to permitting, it’s often cheaper to demo and build than renovate
So many houses on the market that are essentially just ruins by modern energy standards. In many cases you have no choice but to completely start anew. The issue is that the prices don't reflect that. You have a house built in the 60s with oil heaters and no insulation going for 700k or more. So you will be out for the house/land, the demolition and then a new house as well. On the other hand trying to renovate the same house would probably be the same amount of money but you are still living in an old house.
Here is an alternative Piped link(s):
cheaper to demo and build than renovate
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