U.S. Housing More Affordable Than Housing In Rest Of English-Speaking World

Would-be American home-buyers can take heart: U.S. housing is more affordable than in other English-speaking countries, according to a study of metropolitan areas around the world. The median home price in the United States as a whole was three times pre-tax household income in the third quarter of 2011, on the cusp of what Demographic, a public policy firm which conducted the survey, deems...