It's cheaper to buy here than in Australia, Canada, Ireland, New Zealand, and the U.K. So, to all of you in those countries from all of us here, please, come on over and buy our houses... and live in them.
Excerpt:
Released late last month, the
6th Annual Demographia International Housing Affordability Survey
indicates that Detroit is the most affordable major market for home
buyers in the U.S., Australia, Canada, Ireland, New Zealand and the
United Kingdom.
The survey, which features an introduction by the president of the Australian-based
Save Our Suburbs
group, uses the "median multiple" (median house price divided by gross
annual median household income) to rate individual markets from
affordable (3.0 or less) to severely unaffordable (5.1 and more).
Read the entire article
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.