- Business Insider Africa presents the top 10 African cities with the least affordable housing.
- This list is courtesy of Numbeo.
- The values in the list are reflective of Numbeo’s price-to-income ratio.
In recent years, the global real estate market has been marked by a remarkable trend of skyrocketing property prices.
This surge in property values has far-reaching implications, affecting everyone from prospective homebuyers and renters to investors, policymakers, and even the overall economy. Depending on the economic climate of a particular location, various places have varied property prices. The African continent is not an exception to this rule.
Africa is a continent diverse in culture, geography, and of course economics. Some regions have a fairly decent standard of living while others may not be so fortunate. As a result, the price for property differs based on where you find yourself in.