City dwellers around the world pay $650bn more in housing costs than they can afford yearly, as rapid urban growth meets a constrained supply, according to a report.
Some of the world’s leading urban areas face the biggest housing cost problems, with New York, Tokyo and London among the worst affected, the McKinsey Global Institute said. Beijing, S?o Paulo and Buenos Aires are among those facing the biggest crunch among lower income cities.
McKinsey looked at the cost of housing as a proportion of household income, showing the extent to which a city’s residents face financial pressure.
您已閱讀22%（590字），剩余78%（2125字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。