Australia, absolutely. In 2019-2020 37.4% of mortgagees and 58% of renters in lower-income households spent more than 30% income on housing [1]. Since then ren

Australia, absolutely. In 2019-2020 37.4% of mortgagees and 58% of renters in lower-income households spent more than 30% income on housing [1]. Since then rental pricing has detached from reality (or at least CPI) [2] and house prices have continued to climb. There also appears to be entry of large investment firms starting to buy up assets which is mildly terrifying. The housing rocket ship has been great for anyone on it, but horrendous for the future of society. We're currently hardlining towards neo-feudalism within a generation or two. [1]: https://www.aihw.gov.au/reports/australias-welfare/housing-affordability https://www.aihw.gov.au/reports/australias-welfare/housing-a... [2]: https://www.rba.gov.au/publications/bulletin/2023/jun/new-insights-into-the-rental-market.html https://www.rba.gov.au/publications/bulletin/2023/jun/new-in...