Hardest Places to Afford a Home
Worldwide, there are some tough places to afford a home. Courtesy of Statista, here are the top ten cities that are the hardest to afford a home. #10 is Toronto. #9 is Melbourne Australia. #8 is San Fransisco. #7 is Auckland, New Zealand. Los Angeles comes in at #6 followed by San Jose at #5. Honolulu is #4 making it the most difficult city to afford a home in the US. Vancouver Canada is #3. Sydney Australia is #2. And the city in which it is most difficult to afford a home is Hong Kong, where the median price of a home is 19 times as high as the median annual income.