Despite the infamous British obsession with property, we're far from being Europe's top home-owning nation. Figures from Nationwide reveal that home ownership in Britain (the percentage of owner-occupied homes as a percentage of the housing stock) lags behind the likes of Hungary, Spain, Greece and Italy. Indeed, British home ownership peaked back in 2003 at 71%, with the high cost of property one key reason for the decline.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Revolut launches its first stocks and shares ISA with BlackRock and Vanguard ETFsA year after getting its UK banking licence, Revolut is now launching its first stocks and shares ISA with a suite of exchange-traded funds (ETFs) from BlackRock and Vanguard.
-
What does Trump’s ‘Big Beautiful Bill’ mean for the US economy?Donald Trump’s budget bill will slash taxes, but is expected to add at least $3 trillion to US national debt
