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» We did it, Joe! Sydney most unaffordable housing market in the world
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post 1702367861 06-14-2024, 04:13 PM
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#1
  1. r32gojirra
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  1. r32gojirra
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  3. Join Date: Feb 2013
  4. Location: East Coast, Australia
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We did it, Joe! Sydney most unaffordable housing market in the world

…second only to Hong Kong

House prices 14 times incomes


As against the rest of Australia, which is 10 times

Lmao


“Sydney was deemed “impossibly unaffordable” with prices 13.8 times the average income, according to Demographia’s newly released International Housing Affordability report.

Only Hong Kong had a worse ratio of prices to incomes.”

“Across Australia as a whole, prices were an average 9.7 times typical incomes, which was higher than in the US, UK, Canada, Ireland and New Zealand.“


https://www.realestate.com.au/news/t...nPlacement=spa
post 1702367961 06-14-2024, 04:15 PM
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#2
  1. TheScapeGOAT
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  1. TheScapeGOAT
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Exactly why I am moving to Perth
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