287

News

Danish women have shortest wait in Europe to save enough for a deposit

Ben Hamilton
March 4th, 2022


This article is more than 2 years old.

It will only take them three years thanks to their high net income and the relatively affordable cost

It will take her only three years in Denmark (photos: Shuttercock)

A new European-wide report suggests that Danish women are almost on a par with their male counterparts in terms of earnings.

The Uswitch report reveals it would take the average Danish woman just shy of seven more months than their male counterparts to save enough money to afford a deposit on their first property.

In Europe, only Romania (116 days) and Belgium (164) could better this.

A deposit in just three years
Perhaps more importantly, the survey reveals that Danish women have the shortest wait across the whole of Europe: just three years.

The calculations are based on the smallest possible deposit needed on a property purchase, which in Denmark is surprisingly affordable at 15,534 euros – the fourth cheapest behind Bulgaria (a rock bottom 6,936), Latvia and Portugal.

In Switzerland, 167,064 euros is needed, and in Norway: 74,070 euros. In Germany, France, Slovenia and Italy, deposits of over 40,000 euros are needed.

Surprisingly in the UK, a country where perceptions are often clouded by the expense of getting on the property ladder in London, the figure is only 19,218 euros. 

Ireland and the UK in top ten
With average net earnings of 5,056 euros per year, Danish women ranked seventh behind Switzerland (15,315), Germany, the Netherlands, Norway, Austria and Belgium.

Completing the top ten for the shortest time needed to save were Bulgaria (4), Belgium (4), the Netherlands (5), Finland (6), Germany (6), Latvia (6), Austria (7), Ireland (8) and the UK (9). 

The bottom five, in preceding order, were Poland (49 years), Slovakia (18), Slovenia (15), Italy (14) and Norway (13). 


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”