5 ms·

Online discourse really centers around American home affordability, but the sad truth is that the situation is worse in much of the world.

• achrono 3y ago
  cough O, Canada! cough
• cpursley 3y ago
  It’s actually not. Much of the rest of the world has plenty of housing. And lunch better land planning.
  • ayakang31415 3y ago
    Hong Kong and South Korea disagrees with you
  • mcntsh 3y ago
    In which countries specifically? If you're European the situation is completely hopeless.
  • simonsarris 3y ago
    No, he's right. Compare price:income ratio, or mortage as % of income, of countries: https://www.numbeo.com/property-investment/rankings_by_country.jsp https://www.numbeo.com/property-investment/rankings_by_count... The US has it better than almost anywhere.
    • adaml_623 3y ago
      Can you explain to me what "Mortgage as a percentage of income" means when it's over 100%?
      • mcntsh 3y ago
        It means the median mortgage cost per month is higher than the median income per month.