Portugal - Hold my beer: "Historically, the average US home cost about 5 times the annual household income, with a peak of over 7 during the 2006 housing bubble. In 2023, it stands at 7.35, its highest ever. However, Portugal takes it to another level, with an Average House Price to Income Ratio of 11.82 “times”, soaring to 19.2 “times” in Lisbon."
Source: https://medium.com/@fernandes.antonio/the-evolution-of-house-prices-in-portugal-and-its-impact-on-the-youth-189303f20fd4
the OECD link offers the "growth since 2015" graph which I find mostly useless.
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