Out­do­ing thy neigh­bour

Yorkshire Post - Property - - PROPERTY -

HOME own­ers spend a small for­tune to keep up with the Jone­ses, re­search from Mag­net Kitchens has re­vealed.

The study shows that in the last five years, British house­holds have in­vested an av­er­age of £17,810 on home im­prove­ments, which equates to over £3,500 per year.

A quar­ter of house­hold­ers have gone even fur­ther, spend­ing be­tween £20,000 and £40,000 on spruc­ing up their homes. Most money has been spent on kitchens and sit­ting rooms.

The rea­son for all the spend­ing can be at­trib­uted to the grow­ing ri­valry be­tween neigh­bours, with 68 per cent of house­hold­ers ad­mit­ting to be­com­ing more and more com­pet­i­tive with neigh­bours ev­ery year.

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