Buying a home is becoming increasingly out of reach in many of the world’s top cities.
Property prices have greatly outpaced incomes over the past few decades, pushing affordability to historic lows.
The below infographic shows the world's top 20 most expensive cities to purchase a home in. Sydney comes in 2nd place, with a house price-to-income ratio of 13.8. This means the typical Sydney home costs more than 13 years' worth of the city's average annual household income.
Australia makes multiple appearences in this list, with Adelaide, Melbourne, Brisbane and Perth coming in at 6th, 9th, 11th and 14th respectively.
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