How does housing affordability in Australia rank on world stage?
How does housing affordability in Australia rank on world stage? When it comes to housing affordability, our capital cities haven’t fared well. There are 28 ‘severely unaffordable’ major housing markets that exist internationally1—and of those, Sydney, Melbourne, Adelaide, Brisbane and Perth all rank among the top 212. These are the findings from the 2018 Demographia International Housing Affordability Survey, which assesses housing markets across nine countries including Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the …