Bubble risk appears greatest in Hong Kong, Munich, Toronto, Vancouver, London and Amsterdam. Major imbalances also characterize Stockholm, Paris, San Francisco, Frankfurt and Sydney.
Affordability is again a sensitive topic. Buying a 60m2 apartment in most world cities exceeds the budget of most people who earn the average annual income paid in the highly skilled service sector. We discover house markets in major cities and show where you need to work the longest to afford a 60m2 flat.