Sydney and Melbourne among the most expensive cities to live in 2019
The 15th Annual Dermographia International Housing Affordability Survey has revealed the most expensive cities to live in around the world.
The study looked at 309 housing markets in Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, the UK, and the US.
It uses the “mean multiple” approach – the median house price divided by the median household income.
The survey shows that the most “severely unaffordable major housing markets” are currently in Australia, New Zealand, and China.
Sidney and Melbourne are among the top most expensive cities to live in 2019.
10 Most expensive cities to live in around the world in 2019, ranked my...
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