Housing affordability isn't just a local issue—it's a global challenge.The home price-to-income rati

Housing affordability isn't just a local issue—it's a global challenge.The home price-to-income ratio measures how many years of a median household's income are needed to buy a median-priced home. The global average is 11.2, but it ranges from around 3 in some countries to over 30 in others.Home prices alone don't tell the full story. Income growth, mortgage access, housing supply, and economic policy all play a key role in determining how affordable housing really is.@The_Economist_TelegramHousing affordability isn't just a local issue—it's a global challenge.The home price-to-income ratio measures how many years of a median household's income are needed to buy a median-priced home. The global average is 11.2, but it ranges from around 3 in some countries to over 30 in others.Home prices alone don't tell the full story. Income growth, mortgage access, housing supply, and economic policy all play a key role in determining how affordable housing really is.@The_Economist_Telegram