DEMOGRAPHIA INTERNATIONAL HOUSING AFFORDABILITY - 2022 EDITION

1 Demographia International Housing Affordability provides analysis similar to the major market analysis in the 16 editions of the Demographia International Housing Affordability Survey, co-authored by Wendell Cox and Hugh Pavletich (2005 to 2020). [...] 2022 DEMOGRAPHIA INTERNATIONAL HOUSING AFFORDABILITY  6 3 INTERNATIONAL HOUSING AFFORDABILITY IN 2021 With a median multiple of 12.1, Melbourne is the 88th least affordable of the 92 markets. [...] In Canada, the affordability difference among the six major markets was 1.5 median multiple points in 1971, rising to 2.5 in the mid-2000s 7 Housing Affordability Range 1971-2021: Canada during the pandemic has risen to 9.3, more than six times that of 1971 (Figure 7). [...] Singapore: In the early 1960s Singapore had a desperate housing situation, which has been characterized as “unhygienic slums and crowded squatter settlements.”8 To address the issue, Singapore established the Housing and Development Board (HDB), which in its 1964 Annual Report expressed the intention to ...encourage a property-owning democracy in Singapore and to enable Singapore citizens in the l. [...] Housing Affordability and the Cost of Living Much of the already greater inequality that Piketty described is attributable to increased house values, according to research by Matthew Rognlie, now at Northwestern University.11 In the United States more than 85% of cost of 11 Housing Share of Excess Costs of Living: U.