This map examines middle-income housing market affordability across eight major countries, highlighting some of the least affordable cities.

HK is far and away the #1 least affordable housing market ranked by housing cost divided by median income.

18 years of the current median income is required to buy a home in HK.

That is your entire income going towards housing for 18 years if you don’t eat, use electricity, pay taxes, etc.

Not including interest on a mortgage.

Sydney Australia is in second place with 13.3 times their median income.

Vancouver, Canada is third with 12.0

  • iturnedintoanewt@lemm.ee
    2·
    1 year ago

    To be honest, I’d like to see the rest of the world’s countries/cities. I doubt they are truly alone in the map, and I’d like to see by how much are these ahead.