A recent study by Chapman University reveals that nearly all major cities in Australia rank among the top 25% of the least affordable housing markets globally. Sydney has been ranked the second most unaffordable city in the world, just behind Hong Kong, which has held the top spot for 14 consecutive years. The Demographia International Housing Affordability Report also lists four other Australian cities among the top 20 most unaffordable. Meanwhile, five U.S. cities, including some in the Bay Area, are included in the top 10 most 'impossibly unaffordable' places for housing. Australian capitals are particularly challenging for middle-income buyers. In response to the housing crisis, New South Wales is raising duties on overseas buyers to address the issue.
Australia’s New South Wales will raise some duties on overseas buyers of homes in the country’s most populous state as lawmakers look to address the worst housing crisis in living memory https://t.co/MdenSSVGRJ
Australia’s New South Wales will raise some duties on overseas buyers of homes in the country’s most populous state as lawmakers look to address the worst housing crisis in living memory https://t.co/boarAT5t25
'NSW’s version of ‘bank of mum and dad’ to help build more homes' "The NSW Labor govt will look to buy houses off-the-plan to give lenders, developers and builders the confidence to fund and start construction" Called it. https://t.co/Ln5ymzVyPK
U.S. Cities with the Highest Rent https://t.co/sWxN1Kr8bG
Here are the most unaffordable cities in the U.S. https://t.co/GqubsRvOyq
A new report compiled a list of major cities labeled as “impossibly unaffordable.” https://t.co/4G1Satei3b
Now that's grim: Two #Canadian spots among 10 of the most "impossibly unaffordable" cities https://t.co/Bct9nx7bf8
The least affordable cities for potential homebuyers https://t.co/maBQmAEOzG
The D.C. area is tied with Charlotte, NC, on a ranking of the most and least affordable cities in the world. https://t.co/UYe7UaSvJt
These 5 U.S. cities have been hit hardest by inflation https://t.co/qgjJkvwxg8
These Bay Area cities are now so expensive they’re considered ‘impossibly unaffordable’ https://t.co/DcTqZB7EBJ
Five U.S. cities ranked among the world’s top 10 most “impossibly unaffordable" places for housing, according to a new report. https://t.co/0vNkE9vFCm
Hong Kong homes remain most unaffordable in the world for 14th year: research Well, Hong Kong is still number one in the world with the least affordable housing. Eat that, Australia and Canada. https://t.co/4ceAC1czkU
Hong Kong: where the real estate market has shed $270bn in value over the past five years, but housing remains the least affordable in the world. https://t.co/b4zix0jZio
Hong Kong homes remain most unaffordable in world for 14th year: research https://t.co/R5j2lJLTws
Sydney ranked second-least affordable city in the world. That's just outrageous. We really need to improve this. Second place? Totally unacceptable. What's the point of having a government if they can't even get first place at the only thing they're good at? Ridiculous. https://t.co/tw6yD3cJtC
Sydney has been ranked the world's second most unaffordable city, only slightly edged out by Hong Kong. Four other Aussie cities also ranked in the top 20, according to the Demographia International Housing Affordability Report. #9News FULL LIST: https://t.co/2KRzhwsmPS https://t.co/w0lci2nE7D
Residents are paying through the nose to live in Sydney, with a new report ranking housing affordability here second worst in the world. MORE 👉 https://t.co/jvmCCem9kc https://t.co/5pMm9eUubl
These 10 US cities have the most homes under $200K—but maybe not for long https://t.co/4heQpuPlEc https://t.co/nNm1CKtYl1
Can you guess the world’s most expensive cities? https://t.co/1dN8NXRK4z 👇
Australian capitals rank among the world's most unaffordable markets for middle-income buyers. https://t.co/ZOc39HLE3N
A study out of Chapman University in the US has found nearly all of Australia’s major cities rank in the top 25 per cent of least affordable housing markets in the world. https://t.co/0jWaIOuurV
These Are The Cities Wth The Highest Rent In The US https://t.co/3Z2OnQkl45