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British Homeownership Rates Worst Hit by Financial Crisis: Map

British Homeownership Rates Worst Hit by Financial Crisis: Map

British Homeownership Rates Worst Hit by Financial Crisis: Map

(Bloomberg) -- Homeownership rates fell in a large number of European Union nations after the financial crisis, but none as dramatically as in Britain, according to calculations by Bloomberg Economics. By 2016, ownership rates in the EU had dropped about 4 percentage points from their peak to 69.2 percent, compared with a near 10 point decline in the U.K to 63.4 percent. As a result, the U.K. has fallen in the league table of homeownership: Only Denmark, Austria and Germany have fewer owner occupiers.

©2018 Bloomberg L.P.