Five U.S. cities ranked among the world’s top 10 most “impossibly unaffordable' places for housing, according to a new report.
Potential buyers know the difficulty of finding an affordable home, and not just in the United States. A new report ranks the global cities where this issue is the worst – including the top five most "impossibly unaffordable" U.S. metros. The annual Demographic International Housing Affordability report, which has analyzed housing costs for two decades, lists both the top 10 most unaffordable places – as well as the most affordable housing markets.
RELATED: This is the staggering amount homeowners spend on costs besides their mortgageHere’s what the report found:In the U.S., the report named the most affordable housing market as Pittsburgh, Pennsylvania. Here are the top 10, according to the report. The least affordable market in the English-speaking world last year was Hong Kong, according to the report. In the U.S., there were five cities that made the list – mostly on the West Coast.
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