Annual Demographia International Housing Affordability Survey

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#1
Excerpt from the survey:

EXECUTIVE SUMMARY
The 11th Annual Demographia International Housing Affordability Survey covers 378 metropolitan markets in nine countries (Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the United Kingdom and the United States). A total of 86 major metropolitan markets --- with more than 1,000,000 population --- are included, including five of the six largest metropolitan areas in the high income world (Tokyo-Yokohama, New York, Osaka-Kobe-Kyoto, Los Angeles, and London). An interactive map in The New Zealand Herald highlights the housing affordability ratings.

This year's edition includes a comparison with housing affordability indexes by The Economist, for the major metropolitan areas in China (excluding Hong Kong, which is rated in the Demographia Survey) and by Kookmin Bank for South Korea (the Republic of Korea).

Rating Housing Affordability

The Demographia International Housing Affordability Survey rates housing affordability using the “Median Multiple.” The Median Multiple is widely used for evaluating urban markets, and has been recommended by the World Bank and the United Nations and is used by the Joint Center for Housing Studies, Harvard University. The Median Multiple and other similar price-to-income multiples (housing affordability multiples) are used to compare housing affordability between markets by the Organization for Economic Cooperation and Development, the International Monetary Fund, The Economist, and other organizations.

...............

Rating / Median Multiple
Severely Unaffordable / 5.1 & Over
Seriously Unaffordable / 4.1 to 5.0
Moderately Unaffordable / 3.1 to 4.0
Affordable / 3.0 & Under

Housing Affordability in 2014

The most affordable major metropolitan markets in 2014 were in the United States, which had a moderately unaffordable rating of 3.6. Canada and Ireland were rated "seriously unaffordable," with a Median Multiple of 4.3, along with Japan (4.4), the United Kingdom (4.7) and Singapore (5.0). Australia (6.4), New Zealand (8.2) and Hong Kong (17.0) were severely unaffordable (Table ES-2).

To read more, download the report from:
http://www.demographia.com/dhi.pdf
http://www.demographia.com/dhi11-media.pdf

Links to the websites:
http://www.demographia.com/
http://www.performanceurbanplanning.org/
The only way to avoid making mistakes is not to do anything. And that … will be the ultimate mistake. - Goh Keng Swee
A pessimist complains about the wind; an optimist expects it to change; the realist adjusts the sails. - W. A. Ward
Learn from the mistakes of others. You won't live long enough to make them all yourself. - Jane Bryant Quinn
人生最大錯誤,用健康換取身外之物。 ^ 人生无常,珍惜当下。 ^ 放弃固执,适时变通。 ^ 前面是绝路,希望在转角。

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#2
I moved the thread to Property, as more appropriate.

Thanks

Regards
Moderator
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#3
Interesting report. Will be going through this.
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#4
If the Singapore Government was not forced to implement the 11 round of property cooling measures,
we could be rated 17.0 by now, hand in hand with Hong Kong ! Big Grin
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#5
lolz! Big Grin private housing go to 17.0 is fine, but not HDB!! Tongue
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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#6
Attached is 12th Annual Demographia International Housing Affordability Survey: 2016


Attached Files
.pdf   dhi2016.pdf (Size: 1.63 MB / Downloads: 20)
The only way to avoid making mistakes is not to do anything. And that … will be the ultimate mistake. - Goh Keng Swee
A pessimist complains about the wind; an optimist expects it to change; the realist adjusts the sails. - W. A. Ward
Learn from the mistakes of others. You won't live long enough to make them all yourself. - Jane Bryant Quinn
人生最大錯誤,用健康換取身外之物。 ^ 人生无常,珍惜当下。 ^ 放弃固执,适时变通。 ^ 前面是绝路,希望在转角。

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#7
Dear Moderator, please rename the thread to Annual Demographia International Housing Affordability Survey.

Thanks!
The only way to avoid making mistakes is not to do anything. And that … will be the ultimate mistake. - Goh Keng Swee
A pessimist complains about the wind; an optimist expects it to change; the realist adjusts the sails. - W. A. Ward
Learn from the mistakes of others. You won't live long enough to make them all yourself. - Jane Bryant Quinn
人生最大錯誤,用健康換取身外之物。 ^ 人生无常,珍惜当下。 ^ 放弃固执,适时变通。 ^ 前面是绝路,希望在转角。

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#8
(26-01-2016, 10:26 AM)FA+TA Wrote: Dear Moderator, please rename the thread to Annual Demographia International Housing Affordability Survey.

Thanks!

Done.

Regards
Moderator
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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