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Most and least affordable housing markets in the world

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Analyzing data from 406 metropolitan housing markets across nine countries, the 14th Annual Demographia International Housing Affordability Survey has revealed the most and least affordable housing markets. Taking figures from the third quarter of 2017, the report uses Word Bank methodology of ranking each markets' "median multiple" - calculated by dividing the median house price by the median gross annual household income.

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Here’s a look at the least affordable housing markets in the world…

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