Many factors have to be put in place side by side to determine whether a house said to be affordable by a German are considered costly or cheap for someone from the United Kingdom. The cost of houses differs for many reasons such as the type of town or city. Usually, heavily populated towns/cities have more costly houses than less populated ones. Other reasons could be the provision of basic amenities and state of infrastructural development, security, cost of food and education, presence of government, type of facilities in the house and so on. But let’s do a random comparison of houses between Germany and the UK to see what an English person thinks about a house in Germany.
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According to NumBeo.com, an online platform taking indices per country in areas such as cost of food, clothing, accommodation, transportation, education, housing, etc and then compare the indices from one country to the other to arrive at which is higher and which is lower.
Now, let’s take a look at the cost of rent per month in Germany And
The United Kingdom as follows:
Rental apartment
1) A 1-bedroom apartment in the city centre goes for 729.96 euro (631.61pounds) in Germany, while the same goes for 865.51 euro (748.90 pounds) in the UK.
2) A 1-bedroom apartment (outside of centre) goes for 552.36 euro (477.94 pounds) in Germany whereas the same goes for 706.16 euro (611.02 pounds) in the UK.
3) A 3-bedroom apartment in the city centre in Germany goes 1,384.31 euro (1,197.80 pounds) while the same goes for 1,413.65 euro (1,223.19 pounds) in the UK.
4) A 3-bedroom apartment outside of the centre of the city in Germany goes for 1,041.38 euro (901.08 pounds) while in the UK, the same goes for 1,117.20 euro (966.67 pounds)
And now for the buy apartment price comparison between Germany and United Kingdom
1) Price per square meter to buy an apartment in the city centre in Germany goes for 5,140.95 euro (4,448.29 pounds) while the same goes for 4,943.91 euro (4,277.80 pounds) in the UK.
2) Price per square meter to buy an apartment outside of the centre of the city in Germany goes for 3,588.93 euro (3,105.39 pounds) while the same goes for 3,484.03 euro (3,014.62 pounds) in the UK.
Statistically, looking at the indices and variables above, it is worthy to note that houses in Germany neither cheap nor costly when compared UK as the differences between the two places have no much significance. In some cases, Germany has a bit higher price than the UK and in other cases, UK beats Germany at their prices. It’s also important to draw a point that Germany and the UK are economically working interchangeably as both places try to maintain prices at the same pace.
Since there are no many differences in prices, then a house in Germany can be said to be affordable to an English person.