Buyer Beware (pt 2)

The most incredible part about housing affordability?

How much worse it is outside of the US.

In New Zealand, it costs 250% more to buy than rent.

In Canada, it costs 230% more to buy than rent.

In Australia, it costs 150% more to buy than rent.

In the UK, it costs 100% more… pic.twitter.com/Tn4G3CHNVr

— The Kobeissi Letter (@KobeissiLetter) September 4, 2023