36 The Productivity Commission did not propose a standard. 15th Annual Demographia International Housing Affordability Survey (2018: 3rd Quarter) 21 Historical Context: As indicated in Figure 2, New Zealand's price-to-income ratio was below 3.0 in the early 1990s. 3.6: Singapore Singapore is ...
The Commission also noted the destructive impact that restrictive land use regulation can have on both the social fabric and the health of the economy. The rise in real house prices has been associated with general declines in housing affordability, as indicated by a number of different measures,...
10th Annual Demographia International Housing Affordability Survey (2013: 3rd Quarter) 14 Table 6 AUSTRALIA MAJOR METROPOLITAN MARKETS AFFORDABILITY AND SEVERE UNAFFORDABILITY AFFORDABLE SEVERELY UNAFFORDABLE Median Multiple: 3.0 & Under Median Multiple 5.1 & Over NONE Adelaide, SA Brisbane, QLD Melbourne,...