Recent research from the ING International Survey On Homes And Mortgages has revealed that first-time home buyers in various European countries are starting to give up on the dream of that house in the middle of the street. Approximately 35 percent of respondents expect not to buy a house at all due to a combination of high property prices, increasing rental costs and insufficient income. This is especially the case in Germany and Italy, with the smallest shares reached in Spain and Turkey. On average, Europeans expect to own their first property at the age of 34 with 64 percent of young people first moving from their childhood homes into rented accommodation, either alone, with a partner or with friends.
The Statista "Chart of the Day", made available
under the Creative Commons License CC BY-ND 3.0, may be used
and displayed without charge by all commercial and
non-commercial websites. Use is, however, only permitted with
proper attribution to Statista. When publishing one of these graphics,
please include a backlink to the respective infographic URL.
The Statista "Chart of the Day" currently focuses
on two sectors: "Media and Technology", updated
daily and featuring the latest statistics from the media,
internet, telecommunications and consumer electronics
industries; and "Economy and Society", which
current data from the United States and around the
world relating to economic and political issues as well as
sports and entertainment.
For individual content and infographics in your Corporate Design,
please visit our agency website
Any more questions?
Get in touch with us quickly and easily. We are happy to help!