Do you rent in your country?

Protestant work ethic or something

Thought you don't have enough apartment buildings because of zoning reasons??

Mortgage costs more than rent most of the time

landlord raises my rent by 13%

says it's the final price and I won't find anything better

open up real estate search

the building right next to me has a near-identical apartment for cheaper than I'm paying now

How much can I depriciate the value of this place in the 2 months I've got left on my lease?

This map is bullshit.

Median rent in USA is $1625, Median individual income is $4000, including part time workers. That would mean it should be 40% when you include part time workers, lower if you don't. Too high, but much lower than this map indicates.

Yes. I pay $1450 for rent, which is 23% of my post tax earnings.
That is correct, and why its so expensive (though not nearly as much as this map says, IDK what the source for it is but it isn't correct).

I'm guessing they may be using gross income.

The map says average, not median.

Jew on Jew violence really needs to stop.

never had to pay rent in my life.
im planing on buying another apartent to rent it while properties prices rise, and then maybe sell it in one or two years.

I live with my parents

catholics are far browner than protestants
cope and seethe

i am, not joking, just going to sleep in a bivy until I save up enough money to buy a house in some other country

you worship jews.

Average would skew the other way, making it even smaller.

People with higher incomes pay a lower percentage rent.

Average rent is way higher than that unless it considers household income of 2 people working.
We also have relatively high taxes.

No, I live with my mom.

no i never rented. i worked in the uk for 2 years back in 2009/2010 and paid for my apartment

I paid 15$/day for the top floor of a house when I was in germany
literally had to pay almost twice that much for a tiny ass place in a nigger-infested crimehole back in the US
fuck you you live in paradise

So this is what people actually mean by housing crisis. It's actually a renting crisis

I pay $850/month for the old living room in an apartment with 2 roomates on the fifth floor of a building with no elevator
I make $1200 a month after taxes

I make $1200 a month after taxes

lol what.

16 hrs a week at $22.30/hr, in six months though i'll be making the full rate of $30/hr and then ill be livin large

ah so part time.

The ultra cheap contracts boomers have from 30 years ago are driving the average.

I suffer in South America!!!

kys

Numbeo isn't a trusted source

Numbeo's crowd-sourced data can be inserted or altered by anyone accessing the website

In 2017, a Swedish man manipulated the crime stats of the Lund, Sweden by repeatedly submitting negative ratings in this category, at a time when the relevant data set was very small. In less than a day, he succeeded in making it show up as the most dangerous city in the world on the website's "Crime Index Rate" page. He commented: "Numbeo should hardly be considered stats, it’s more like reviews. Anyone, anywhere in the world can change the data, as many times as they want. Completely anonymously."

In 2022, a Numbeo claim that Bradford, England was "Europe's most dangerous city" went viral on social media and was reported on in British press. Another English city, Coventry, was ranked second in this statistic, which was disputed by a local newspaper journalist—citing higher official crime rates in various other English cities/counties.

In 2022, David Weinberger expressed criticism of the site's methodology of measuring crime rate, saying: "It is misleading to claim to have derived from this a representation of the highest-crime rate cities: what is presented are cities which are perceived as those with the most crime, by a certain number of Internet users. But for studies in the social sciences, this approach is worthless." The crime and security indices' measurements are derived from answers to a 15-point questionnaire. Experts responding to AFP's fact-checkers' inquiries regarding reliability of Numbeo's crime stats contended that this does not make for a methodologically valid victimization survey, due to non-representative sampling, and that—especially with respect to cross-country comparisons which are considered effectively impossible to validly construct —the site's information is false.

Numbeo is a Serbian crowd-sourced global database of perceived consumer prices, crime rates, quality of health care, among other statistics. Data on Numbeo is not peer-reviewed, and could be inserted or altered by anyone accessing the website. It has been criticized for its inaccuracy due to its ease of statistics misuse and general disinformation.

In 2023, a French newspaper named Le Figaro used Numbeo's ranking to compare violence and insecurity and titled "Insecurity: Nantes, Paris, Marseille, French cities unscrew in the world ranking of the safest cities" without criticism on the method of calculation, which is based on ‘reviews’ left by anonymous users, even if numbers are not realistic, like saying France is more dangerous than Mexico. While Mexico have seen at least 13 journalists killed in 2022, no one have been killed in France.

Thanks for the info. What is a good trusted source for housing prices?

The us in this map is fake, us average is just over 30%. It would have taken 5 minutes to work this out. Why do people feel the need to lie so much?

There is a housing crisis it's just all the houses in places where nobody wants to live that are driving the price down

i think it's because China has one of the highest home ownership rate in the world so most people don't rent anyways. 90% of urban households own their their home which includes the apartment unit they live in so they don't pay rent. the number is even higher for people who live in the countryside. that means that average rent divided by average income doesn't make sense in this situation as it's highly skewed towards specific big cities and doesn't affect the majority of people, especially people who live in the countryside with a lower income