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Mapping Housing Market Affordability: 15 of the Worst Cities

www.visualcapitalist.com Mapping Housing Market Affordability: 15 of the Worst Cities

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

Mapping Housing Market Affordability: 15 of the Worst 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

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