United Kingdom - Housing Cost Overburden
Since 2014, United Kingdom Housing Cost Overburden decreased by 2.6points year on year. In 2019, the country was ranked number 10 comparing other countries in Housing Cost Overburden at 21.1 Percent of Households Devoting More Than 40% of their Income to Housing Costs. United Kingdom is overtaken by Hungary, which was number 9 at 22.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Portugal with 20.8 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece topped the ranking with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, an increase of 1.3points versus 2018. Chile, Luxembourg and Spain respectively ranked number 2, 3 and 4 in this ranking. Luxembourg witnessed the best average annual growth at +6.4points per year, while Estonia was the worst growing country at -7.6points per year.
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| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 21.10 |
| 2018 | 21.40 |
| 2017 | 21.60 |
| 2016 | 22.80 |
| 2015 | 21.80 |
How does United Kingdom 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 | |
| 9 |
#9
Hungary
|
22.30 % | 2019 | +4.2 % | +5.3 % | View data | |
| 10 |
#10
United Kingdom
|
21.10 % | 2019 | -1.4 % | -2.6 % | View data | |
| 11 |
#11
Portugal
|
20.80 % | 2019 | +0.0 % | -0.6 % | View data | |