“The most incredible part about housing affordability?
How much worse it is outside of the US.
In New Zealand, it costs 250% more to buy than rent.
In Canada, it costs 230% more to buy than rent.
In Australia, it costs 150% more to buy than rent.
In the UK, it costs 100% more to buy than rent.
Is affordability in the US really as bad as it seems?”
The most incredible part about housing affordability?
How much worse it is outside of the US.
In New Zealand, it costs 250% more to buy than rent.
In Canada, it costs 230% more to buy than rent.
In Australia, it costs 150% more to buy than rent.
In the UK, it costs 100% more… pic.twitter.com/Tn4G3CHNVr
— The Kobeissi Letter (@KobeissiLetter) September 4, 2023
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