Housing Crisis - Expensive Rental Markets

From YIMBYwiki
Jump to: navigation, search

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

  1. Vancouver, BC
  2. Toronto, ON
  3. Calgary, AB
  4. Victoria, BC
  5. Ottawa, ON
  6. Edmonton, AB
  7. Regina, SK
  8. Montreal, QC
  9. Kingston, ON
  10. Kelowna, BC

Image Source: Padmapper Canada Rent Report: July 2016

As of July 2016 - Ranking by median rent. Source and image source: Padmapper Canada Rental Report

United States

  1. New York, NY
  2. San Francisco, CA
  3. Boston, MA
  4. Washington, DC
  5. Jersey City, NJ
  6. San Jose, CA
  7. Los Angeles, CA
  8. Stamford, CT
  9. Miami, FL
  10. Seattle, WA

Image Source: Apartmentlist.com The 10 Cities with the Highest Rents

As of October 2016 - Ranking by median rent. Source and Image Source: Apartment List National Rent Report