The MoverDB report also ranked capital cities in Europe with the highest percentage of high-cost housing, defined as properties which cost over twice the median price of homes in the city.In this category Dublin had the 12th highest concentration of high-cost housing in Europe with 16.9 per cent. Budapest had the highest with 63.7 per cent, ahead of Nicosia , Lisbon , Madrid and London .
“While the housing crisis may have its most profound effects in developing countries, the world’s wealthier capitals are among those presenting unprecedented obstacles in the wake of the pandemic,” it said. ]
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