Housing

Measures whether buying or renting is reasonable against local incomes. High = affordable housing; low = you overpay relative to what people earn. It stands at 27/100 below the G20 median (58): poor. It is driven mainly by housing pressure, the labour market and household pressure. In practice, buying takes a heavy effort and rent eats much of the pay.

Don't rush to buy: homes here are expensive for what people earn. Rent, let your savings earn, and wait for prices or mortgages to ease. If you're moving, first check countries where housing costs less relative to pay. It improves if it recovers for real.