• gigachad@feddit.de
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    1 year ago

    I know right. However this may also be related to different home owner rates in different countries. Germany is at the lower end with about 49.5% (2021), UK in the middle with 65.2% (2018). But I’m not really an expert in that field as owning property is far away from my life.

    • theinspectorst@kbin.social
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      1 year ago

      Under-25s in the UK are not buying houses. The sample size on that statistic must be so tiny as to make it an irrelevant statistic.

      The average UK house price is around £300k (or in London, where higher-paying jobs like finance night exist, the average house price is £500k). For an under-25 year old to be buying a house without significant parental support means they’d have to be on a crazy salary. This is footballers and pop stars buying houses.

    • geissi@feddit.de
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      1 year ago

      However this may also be related to different home owner rates

      Unaffordable prices probably cause low home owner rates so that would be the most likely relation.

    • taladar@feddit.de
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      1 year ago

      Might also be related to the different kinds of houses built in different countries and their different price points.