According to an international survey, 麻豆传媒映画is the second least affordable major housing market in the world.
The 16th annual Demographia International Housing Affordability Survey looked at 92 major housing markets around the world, and ranked them based on middle-income housing affordability. It covered听309 metropolitan housing markets听in eight countries听including: Australia, Canada, China [Hong Kong only], Ireland, New Zealand, Singapore, the United Kingdom and the United States.
The survey determined the听middle-income housing affordability ranking by using the 鈥渕edian multiple鈥� 鈥� the median house price divided by the median household income.
The study notes that Hong Kong听is the least affordable housing market, with a median multiple of 20.8. Last year, the densely populated metropolis had a median multiple of 20.9.听
Following Hong Kong, 麻豆传媒映画is the second least affordable major housing market, with a median multiple of 11.9.听
Sydney ranks third least affordable at 11.0, followed by Melbourne at 9.5 and Los Angeles at 9.0. Toronto and Auckland are tied for sixth least affordable at a median multiple of 8.6.
San Jose has a Median Multiple of 8.5 and San Francisco 8.4. London (Greater London Authority) has a Median Multiple of 8.2, which made听it听the 10th least affordable major market.
Top five听least affordable major housing markets:
- Hong Kong
- Vancouver
- Sydney
- Melbourne
- Los Angeles听
The report鈥檚 authors noted that "because eligibility for housing subsidies is based on the inability to afford market rate housing, higher house prices increase the cost of subsidized housing programs and increase the number of households that are eligible."听They propose听that听the most effective way to reduce听the shortage of subsidized housing is to improve middle-income housing affordability.
The study also highlights how the "middle class is under threat."听As a result, adult children aren't likely to have higher听incomes than their parents, at least in the United States, the United Kingdom, Canada, Australia, New Zealand, Ireland and elsewhere.
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