England’s Homes Found More Cramped Than Those In New York City
- Resolution Foundation says UK has older, more costly property
- Data adds fuel to rising political concern about UK homes
Some 38% of UK homes were built before 1946.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
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.