6th annual Demographia international housing affordability study [electronic resource] 2009 ratings for metropolitan markets

Cox, Wendell

6th annual Demographia international housing affordability study 2009 ratings for metropolitan markets [electronic resource] - Belleville, IL Demographia 2010

Executive summary -- Housing affordability ratings -- Year in review -- Infrastructure and housing affordability -- Comparing Sydney, Melbourne, Dallas Fort Worth and Atlanta -- Recent developments - Restoring housing affordability -- Schedules: housing affordability ratings, all markets; housing affordability by nation, all markets -- Methods and sources -- Figures -- Tables

This survey on housing affordability looks at 272 housing markets in Australia, Canada, Ireland, New Zealand, United Kingdom and United States, using the median house price to median household income multiple to assess the availability of affordable housing. Whilst housing affordability is improving in some markets, others have remained constant and some have declined. Of the 272 markets assessed, there are only 103 which are affordable. These are all to be found in the United States and Canada. The least affordable markets are in Australia and the United Kingdom. Discusses the casual relationship between land supply restrictions and planning and housing affordability.

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