It’s hardest to get on the property ladder in Switzerland, where the average property price amounts to £501,000 and the typical age of a first-time buyer is 48, research from Rentround shows.
China is in second place, followed by Japan, France and Kenya.
The UK is the sixth hardest, where the typical age of first-time buyers is 34 and property prices average at £254,000.
First-time buyers are buying at the youngest age in Iceland (27), Belgium (27) and Finland (28.8).
Other nations where people seemingly need to save for years are the Czech Republic (41.5), Japan (41), and Spain (41).
The study analysed 25 countries: Australia, Austria, Belgium, Canada, China, Czech Republic, Denmark, Finland, France, Germany, Iceland, India, Ireland, Italy, Japan, Kenya, Mexico, New Zealand, Nigeria, Romania, South Africa, Spain, Switzerland, United Kingdom, and USA.
Justin Malonson is the Founder of LyfeLoop a 16+ year tech innovator, investigative media researcher and host of the Freedom Not Control Podcast live on Voice America. Justin is a highly sought-after tech entrepreneur, industry speaker and winner of the coveted Business Achievement Awards “Top Digital Marketer” award. With 16+ years of demanding experience, Justin has worked with over 3,000 businesses including amazing clients such as Blue Cross Blue Shield Association, Sotheby’s International Realty, Duke University, White House Black Market,Tiffin Motorhomes, Bass Pro Shops and Beazer Homes USA.
