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Australia has the most unaffordable homes

This is a discussion on Australia has the most unaffordable homes within the News, Gossip & Chat forums, part of the Lounge Room category; Australia is still the least affordable place for homes. Australian homes the world's least affordable, survey says | NEWS.com.au Business ...

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Old 21-01-2008, 09:25 AM   #1 (permalink)
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Australia has the most unaffordable homes
Australia is still the least affordable place for homes.

Australian homes the world's least affordable, survey says | NEWS.com.au Business

"On average, Australian families are forced to spend 6.1 times their entire household income to buy a typical home compared to 3.1 times in Canada and 3.6times in the US, and that's before interest charges".

I'd be curious to know the average for the UK???
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