5 Minute News

Housing Affordability in Europe for 2024

October 13, 2024

A new report by BestBrokers.com examines how many salaries are needed to purchase a 100 sq.m. apartment in various European countries. Turkey is identified as the least affordable country with a housing price to income ratio of 81.45%. In contrast, Denmark has the lowest ratio in Europe, requiring 114 salaries to buy a home of that size. The report highlights the differences in price levels and incomes, affecting housing affordability.