The other I think is how hungry and agresive the UK is for service sector opportunities, having always positioned it's economy as a middle-man. They have that US inspired go-getter mentality, that's lacking on the mainland.
Yes it created a new owner class that was enamoured with her, but the end consequence of it is probably the housing crisis/asset bubble that the UK has been living with for 15 years or so.
Buying a council home did make a lot of new owners rich, but it's likely it harmed the long term prospects for the whole country. That was a lot of Thatcher. Deindustrialization annihilated the working middle class. In Germany industry was never destroyed for the sake of the service sector.
I'd also say the UK is more comparable to France, which deindustrialised to a similar degree.
Until they ran out of cheap Russian gas.
Germany also has a high level of wealth inequality. Buying a home there is a luxury for the rich now. Yeah, rent protections and what not, but good luck to the average German affording rent and utilities in 30 year on a pension.
The UK manufacturing output is 8.69% of GDP. https://www.macrotrends.net/global-metrics/countries/GBR/uni...
German manufacturing output is 18% of GDP in 2022. That's over twice the UK. https://data.worldbank.org/indicator/NV.IND.MANF.ZS?location...
Look at data, stop reading sensationalistic news articles. I doubt that Germany has lost over half its industrial capacity since 2022.
https://www.sciencedirect.com/science/article/abs/pii/S01436...
"This paper concentrates on the 1% richest households in the UK in a comparison with the other four large Western European countries: Germany, France, Italy and Spain. In the European context the UK is an outlier of extreme inequality. "
"The UK sits half way between the USA and mainland Europe in economic space. The UK levels of inequality are now huge by normal European standards, but not so huge when compared to the average levels of economic inequality experienced within the USA."
https://equalitytrust.org.uk/scale-economic-inequality-uk
So the wealth gini coefficient is indeed lower I expected.
The income gini coefficient however is among the highest in Europe, just as I expected.
Is it possible you're cherry picking statistics?
To me, house price inflation feels like all other inflation: the number may be going up, but people aren't actually better off for it.
[1] https://equalitytrust.org.uk/sites/default/files/images/hero...
The anglosphere may have high GDP/capita but if you factor by Income bracket, that GDP is heavily concentrated in the top income brackets.
I'm not really sure there's much of a difference between any subjects in the UK. Like, maybe stuff like Physics is seen as better? There's a big thing against "Micky Mouse degrees", that aren't seeing as leading to a job.
Recruiters themselves are seen as one step above estate agents, which is _not_ a high status.
During the mid phase of corona, let’s call it the Work from Home aka ZOOM phase, big tech hired massive amounts of developers all over the world and English was and is the lingua franca in everything Computer Science related.
I guess that the internationalization and corona together with English being the common denominator played a huge part here as well as cultural considerations. People from UK are tight to the main markets like USA, Canada, EU and India.
Just my 5 cents.
UK estate agents are also expanding abroad at an increasing pace.
Still all useless AF though.
While completely ignoring that all I've ever worked as is a System Engineer/Linux Admin/Engineer.