Nel 2023, le famiglie dell’UE hanno speso in media il 19,7% del loro reddito disponibile per l’edilizia abitativa; Il più alto in Grecia (35,2% del reddito totale)
Nel 2023, le famiglie dell’UE hanno speso in media il 19,7% del loro reddito disponibile per l’edilizia abitativa; Il più alto in Grecia (35,2% del reddito totale)
Beautiful map, but let’s exclude homeowners and focus on what the average young person pays. In Croatia, without homeowners factored in, the percentage for renters or those with mortgages likely exceeds 50%, highlighting a much higher housing burden for younger, urban populations.
GrapefruitForward196 on
another easy W for south EU
LightningPowers on
Uh… are you good Greece?
furgerokalabak on
This is an average again that is very misleading. In Hungary who has (inherited) an apartment is totally different than those who has to rent one. Who has to rent one that have to spend on it more that 60-80% of his income.
Renting an apartment alone is impossible for most of the people.
myasco42 on
This seems really strange…
For example, according to [https://www.researchgate.net/figure/Average-net-disposable-income-of-households-per-inhabitant-in-PPS-over-the-period_fig16_356342422](https://www.researchgate.net/figure/Average-net-disposable-income-of-households-per-inhabitant-in-PPS-over-the-period_fig16_356342422) (posted here yesterday) Finland has an average disposable income of 18000 (taking the high value of the range). And here we see 20% of it goes to housing needs, making it around 300 per person. That is the approximate cost for special offers for students…
Am I missing something?
Silver_Slicer on
With the wage disparity between countries like Switzerland and Malta, if you can have an average Swiss wage in Malta, housing costs probably would be 4-5% of income.
dddd0 on
Averaging roughly bimodal distributions is retarded.
absurdherowaw on
Amazing case of how data without context can tell completely false story. Housing is far more affordable in Belgium for young people than Eastern Europe, yet it is apparently worse than Poland. Young People in large Polish cities (the only ones with job market) pay 50% or more of their net income on rent or mortgage, yet in Belgium I see people renting with less than third of their net salary.
Potential-Focus3211 on
Greece needs to start building new housing like Italy did under Meloni. Italy went into massive building spree in the last few years.
I think Greece needs to also cut bureaucracy and taxation in the construction sector, so that new homes can be built.
Politicians who want to win short-term election polls can go subsidising demand, but that will only push prices higher.
This process is similar to the wage-price inflation spiral.
The only break to this is increasing the production & supply of housing. Construction productivity is key here.
Both government & private sector need to simply start constructing.
PinkSeaBird on
For Portugal thats data from 2013 for sure.
Ok-Juxer on
Is housing really that cheap in Italy and Portugal?
BigFloofRabbit on
For comparison, as per this data from the Office of National Statistics, it is around 30% in the UK:
19 commenti
https://ec.europa.eu/eurostat/databrowser/view/ilc_mded01__custom_12697144/bookmark/table?lang=en&bookmarkId=b53b47f2-319a-4182-8290-a261fb1a3e26
Beautiful map, but let’s exclude homeowners and focus on what the average young person pays. In Croatia, without homeowners factored in, the percentage for renters or those with mortgages likely exceeds 50%, highlighting a much higher housing burden for younger, urban populations.
another easy W for south EU
Uh… are you good Greece?
This is an average again that is very misleading. In Hungary who has (inherited) an apartment is totally different than those who has to rent one. Who has to rent one that have to spend on it more that 60-80% of his income.
Renting an apartment alone is impossible for most of the people.
This seems really strange…
For example, according to [https://www.researchgate.net/figure/Average-net-disposable-income-of-households-per-inhabitant-in-PPS-over-the-period_fig16_356342422](https://www.researchgate.net/figure/Average-net-disposable-income-of-households-per-inhabitant-in-PPS-over-the-period_fig16_356342422) (posted here yesterday) Finland has an average disposable income of 18000 (taking the high value of the range). And here we see 20% of it goes to housing needs, making it around 300 per person. That is the approximate cost for special offers for students…
Am I missing something?
With the wage disparity between countries like Switzerland and Malta, if you can have an average Swiss wage in Malta, housing costs probably would be 4-5% of income.
Averaging roughly bimodal distributions is retarded.
Amazing case of how data without context can tell completely false story. Housing is far more affordable in Belgium for young people than Eastern Europe, yet it is apparently worse than Poland. Young People in large Polish cities (the only ones with job market) pay 50% or more of their net income on rent or mortgage, yet in Belgium I see people renting with less than third of their net salary.
Greece needs to start building new housing like Italy did under Meloni. Italy went into massive building spree in the last few years.
I think Greece needs to also cut bureaucracy and taxation in the construction sector, so that new homes can be built.
Politicians who want to win short-term election polls can go subsidising demand, but that will only push prices higher.
This process is similar to the wage-price inflation spiral.
The only break to this is increasing the production & supply of housing. Construction productivity is key here.
Both government & private sector need to simply start constructing.
For Portugal thats data from 2013 for sure.
Is housing really that cheap in Italy and Portugal?
For comparison, as per this data from the Office of National Statistics, it is around 30% in the UK:
https://www.gov.uk/government/statistics/chapters-for-english-housing-survey-2023-to-2024-headline-findings-on-demographics-and-household-resilience/chapter-2-housing-costs-and-affordability
This would put the UK as second worst, only better than Greece.
Why zoom in on Liechtenstein when there is no data lmao
I like how there’s a lot of “UMMMM ACTUALLY” but there’s no defence or context for Greece
Thats wrong.
how accurate is this info? I can’t believe dutchies only pay 22.9% of their wage for housing
There is zero chance the average Spaniard is spending a mere 17% of their income on housing.
I have no idea what dataset they used to arrive at this number but it’s almost surely designed to be misleading.
It’s interesting that it’s just over 25% for Germany when we have the lowest percentage of homeowners in Europe iirc