Rent or buy?

Work Study

ISSN: 0043-8022

Article publication date: 1 July 2002

784

Citation

(2002), "Rent or buy?", Work Study, Vol. 51 No. 4. https://doi.org/10.1108/ws.2002.07951daa.008

Publisher

:

Emerald Group Publishing Limited

Copyright © 2002, MCB UP Limited


Rent or buy?

Rent or buy?

In the UK, home ownership is the aspiration of most young people. In continental Europe, it is not. Theirs is a culture of rental property. Why the difference? What does it say about the UK? This culture also seems to extend into other forms of "materialism": continental cars are considered much more as transportation devices than as status symbols. They do not have anywhere near the same number of "company cars" as here in the UK. Is this why we seem to have a closer affinity with the USA? Is it more than language?

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