This chart from real estate firm Point2Homes ranks cities by their “median multiple” — the median home price divided by median household income. Take Vancouver, which tops the unaffordability list and has a median home sale price 17.3 times higher than the median household income:


A median multiple of greater than 5.1 is rated as “severely unaffordable,” which a disturbing number of major metropolitan areas qualify as, for reasons ranging from the huge influx of foreign investment to severe affordable housing shortage.

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