Property Prices Comparison Between Two Countries
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This tool enables you to compare property prices and related indices between two countries, assisting you in making informed real estate decisions. By selecting your current country and the country you wish to compare, you can compare real estate prices and analyze key property indicators, including:
- Price to Income Ratio: Measures the affordability of purchasing property by comparing median property prices to median household incomes.
- Gross Rental Yield: Indicates the annual return on investment from rental income, expressed as a percentage of the property's purchase price.
- Price to Rent Ratio: Assesses the relative affordability of buying versus renting property by comparing purchase prices to annual rental rates.
- Mortgage as a Percentage of Income: Shows the proportion of household income required to cover mortgage payments, reflecting the financial burden of homeownership.
- Affordability Index: Provides an overall assessment of property affordability, considering factors such as income, property prices, and mortgage rates.
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