Housing Crisis - Expensive Rental Markets: Difference between revisions
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<span style="font-size:x-large;">'''Global'''</span>
<span style="font-size:larger;">15 cities [taken from a 2016 report by the Global Cities Business Alliance, [https://www.businessincities.com/publication/housing-for-inclusive-cities-the-economic-impact-of-high-housing-costs/?from-search=1 ''Housing for Inclusive Cities: the economic impact of high housing costs'']] ranked from most to least affordable on the basis of average percentage of earnings spent on rent:</span>
*<span style="font-size:larger;">15. Boston, US — £1073 ($1,540)/30% of income</span>
*<span style="font-size:larger;">14. Sao Paulo, Brazil —£335 ($480)/30.2% of income</span>
*<span style="font-size:larger;">13. Sydney, Australia — £774 ($1,111)/32.1% of income</span>
*<span style="font-size:larger;">12. Singapore — £720 ($1,033)/33% of income</span>
*<span style="font-size:larger;">11. Chicago, US — £960 ($1,377)/35.6% of income</span>
*<span style="font-size:larger;">10. Paris, France — £613 ($880)/36.2% of income</span>
*<span style="font-size:larger;">9. London, UK — £997 ($1,430)/50.4% of income</span>
*<span style="font-size:larger;">8. San Francisco, US — £1,968 ($2,824)/50.5% of income</span>
*<span style="font-size:larger;">7. Dubai, United Arab Emirates — £893 ($1,281)/55.4% of income</span>
*<span style="font-size:larger;">6. Mexico City, Mexico — £268 ($385)/58% of income</span>
*<span style="font-size:larger;">5. Shanghai, China — £361 ($518)/58.3% of income</span>
*<span style="font-size:larger;">4. New York City, US — £,1832 ($2,629)/63.1% of income</span>
*<span style="font-size:larger;">3. Hong Kong, China — £1,345 ($1,930)/64% of income</span>
*<span style="font-size:larger;">2. Abu Dhabi, United Arab Emirates —£1,714 ($2,460)/69.5% of income</span>
*<span style="font-size:larger;">1. Beijing, China —£550 ($789)/122.9% of income</span>
Source: Pantazi, C. (22 April 2016).[http://uk.businessinsider.com/most-expensive-cities-for-renters-2016-4 The 15 most expensive cities in the world for renters]. Business Insider UK.
<span style="font-size:x-large;">'''Canada'''</span>
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Revision as of 05:55, 29 October 2016
Global
15 cities [taken from a 2016 report by the Global Cities Business Alliance, Housing for Inclusive Cities: the economic impact of high housing costs] ranked from most to least affordable on the basis of average percentage of earnings spent on rent:
- 15. Boston, US — £1073 ($1,540)/30% of income
- 14. Sao Paulo, Brazil —£335 ($480)/30.2% of income
- 13. Sydney, Australia — £774 ($1,111)/32.1% of income
- 12. Singapore — £720 ($1,033)/33% of income
- 11. Chicago, US — £960 ($1,377)/35.6% of income
- 10. Paris, France — £613 ($880)/36.2% of income
- 9. London, UK — £997 ($1,430)/50.4% of income
- 8. San Francisco, US — £1,968 ($2,824)/50.5% of income
- 7. Dubai, United Arab Emirates — £893 ($1,281)/55.4% of income
- 6. Mexico City, Mexico — £268 ($385)/58% of income
- 5. Shanghai, China — £361 ($518)/58.3% of income
- 4. New York City, US — £,1832 ($2,629)/63.1% of income
- 3. Hong Kong, China — £1,345 ($1,930)/64% of income
- 2. Abu Dhabi, United Arab Emirates —£1,714 ($2,460)/69.5% of income
- 1. Beijing, China —£550 ($789)/122.9% of income
Source: Pantazi, C. (22 April 2016).The 15 most expensive cities in the world for renters. Business Insider UK.
Canada
- Vancouver, BC
- Toronto, ON
- Calgary, AB
- Victoria, BC
- Ottawa, ON
- Edmonton, AB
- Regina, SK
- Montreal, QC
- Kingston, ON
- Kelowna, BC
As of July 2016 Source: Padmapper Canada Rental Report
United States
- New York, NY
- San Francisco, CA
- Boston, MA
- Washington, DC
- Jersey City, NJ
- San Jose, CA
- Los Angeles, CA
- Stamford, CT
- Miami, FL
- Seattle, WA
As of October 2016 Source: Apartment List National Rent Report