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https://www.numbeo.com/property-investment/ https://www.numbeo.com/property-investment/ Asian cities are way more expensive than american and european ones. Ho
by a_c 5y ago
https://www.numbeo.com/property-investment/ https://www.numbeo.com/property-investment/
Asian cities are way more expensive than american and european ones. Home price with a multiple of 15x to annual income is surely high.
> Price to Income Ratio is the basic measure for apartment purchase affordability (lower is better). It is generally calculated as the ratio of median apartment prices to median familial disposable income, expressed as years of income (although variations are used also elsewhere).
Hong Kong is having a price to income ratio of 44.69 https://www.numbeo.com/property-investment/country_result.jsp?country=Hong+Kong https://www.numbeo.com/property-investment/country_result.js...
with Price per Square Meter to Buy Apartment in City Centre of HK$ 253,655.52 (32k USD)
Side question, is the data highly sought after that the website is fetching US$20 to download?