Our shrinking houses

New-build houses in Britain are among the smallest in Europe. But that's not the real problem, says Merryn Somerset Webb.

How small is your house? My guess is you think it is too small. You probably also think it is very small relative to the houses people in other countries live in. If it's a new-build, you're probably right.

As Matthew Lynn notes, strict planning laws combined with some other factors (the difficulty developers have in financing infrastructure, for example) mean our new houses are among the smallest in the world, at an average of 76 sq m (818 sq ft). In Ireland, it's 88 sq m. Go to Spain, and it's 97 sq m. Cross to Denmark and you'll get an airy 137 sq m.

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
Explore More
Merryn Somerset Webb
Former editor in chief, MoneyWeek