Sydney has ranked second least affordable city in housing prices

Housing affordability in Sydney has become a critical issue with people being unable to afford housing even on the edges of the city. Source: Moment RF

Sydney was ranked "second worst", with house prices almost 13 times higher than the median household income according to Demographia’s 14th annual report.

 Hong Kong ranked one in this report  where property prices were about 20 times higher than household incomes. This article reveals more details in Sinhalese.