Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European average

Low- to middle-income families in Britain are far poorer than their counterparts in western Europe because of sky-high housing costs, according to an analysis by the Resolution Foundation.

The thinktank said that while prices in the UK were 8% higher than the average in the 38 member countries of the Organisation for Economic Cooperation and Development (OECD), less well-off Britons were more affected by the cost of housing, which is 44% higher in the UK than the OECD average.