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I’m curious where exactly in the rest of the world you think these cheap homes are in major metropolitan areas? https://www.cnbc.com/2019/04/12/hong-kong-averag
by tjr225 4y ago
I’m curious where exactly in the rest of the world you think these cheap homes are in major metropolitan areas? https://www.cnbc.com/2019/04/12/hong-kong-average-house-price-hits-1point2-million.html https://www.cnbc.com/2019/04/12/hong-kong-average-house-pric...
Canada doesn’t even make it to the top 3
Edit: I got a bit more curious so found a more up to date article and Van makes it to 3rd: https://www.bosshunting.com.au/lifestyle/real-estate/most-expensive-housing-markets/ https://www.bosshunting.com.au/lifestyle/real-estate/most-ex...
However, you can see that expensive housing is not something unique to Canadian cities.
- beiller 4y agoFrom my reading online, Canada is in the top spots for the most expensive housing when adjusted for income. https://www.statista.com/statistics/237529/price-to-income-ratio-of-housing-worldwide/ https://www.statista.com/statistics/237529/price-to-income-r...
- tjr225 4y agoEven that chart puts Canada just ahead of the US and Europe for that ratio... I think we maybe just missed the boat on cheap land...