Luxembourg - Housing Cost Overburden
Since 2014, Luxembourg Housing Cost Overburden grew 6.4points year on year. With 30.1 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, the country was ranked number 3 comparing other countries in Housing Cost Overburden. Luxembourg is overtaken by Chile, which was number 2 with 37.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Spain at 28.6 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece ranked the highest with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, an increase of 1.3points compared to 2018. Luxembourg recorded the best 5 years average growth at +6.4points per year, while Estonia recorded the worst performance at -7.6points per year.
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Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
---|---|
2019 | 30.10 |
2018 | 29.10 |
2017 | 29.30 |
2016 | 25.80 |
2015 | 21.60 |
How does Luxembourg rank in Housing Cost Overburden?
# | 30 Countries | Percent of Households Devoting More Than 40% of their Income to Housing Costs | Last | YoY | 5‑years CAGR | |
---|---|---|---|---|---|---|
1 |
#1
Greece
|
40.30 % | 2019 | +1.3 % | -0.8 % | View data |
2 |
#2
Chile
|
37.40 % | 2019 | +3.6 % | NA | View data |
3 |
#3
Luxembourg
|
30.10 % | 2019 | +3.4 % | +6.4 % | View data |
4 |
#4
Spain
|
28.60 % | 2019 | -0.7 % | -2.6 % | View data |
5 |
#5
Iceland
|
28.40 % | 2019 | +1.1 % | +0.1 % | View data |