Stats Gate

Ranked: Most Unsustainable Housing Markets In The World, 2019

Toronto business centre, Canada

Canada, New Zealand, and Sweden are the top three countries with the most unsustainable housing markets in the world, according to a new report.

They have the highest cost of housing compared with wages, beating Norway (No. 4), Australia (No. 5), Belgium (No. 6), and the United Kingdom (No. 7)- which are also vulnerable.

Key Housing Market Indicators: house price-rent ratio (the ratio of house prices to the annualized cost of rent); house price-income ratio (the ratio of house prices to household income); real house prices (housing prices adjusted for inflation); and credit to households percentage of GDP (amount of debt held by households, compared to total economic output).

Most unsustainable housing markets in the world, 2019:

  1. Canada
  2. New Zealand
  3. Sweden
  4. Norway
  5. Australia
  6. Belgium
  7. United Kingdom
  8. Netherlands
  9. Ireland
  10. Denmark
  11. Spain
  12. Austria
  13. France
  14. United States
  15. Switzerland
  16. Portugal
  17. Finland
  18. Germany
  19. Greece
  20. Italy
  21. Japan
  22. South Korea

Most unsustainable housing markets in the world, 2019

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.