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And that's exactly what the Demographia survey does. No two countries compared are alike so any comparisons are pointless. I believe in the US you can deduct interest payments from your tax, so that makes comparisons between us and them worthless on its own.

Don't you just love demographia. Just take a look at their site http://www.demographia.com/ to put it in context first. The main problem here is that they forget that affordability is not measured as a factor of household income. It's the amount left over to pay a mortgage AFTER taxes...