Report reveals months of salary needed to buy a house in Europe

A recent report by BestBrokers.com reveals how many months of salary are needed to buy a house in various European countries. Denmark ranks as the most affordable, requiring 114 months of net salary for a 100-square-metre home. Ireland and Sweden follow, needing 123 and 129 months of salary, respectively. In contrast, the Czech Republic and Slovakia rank lowest, with homes costing 297 and 300 months of salary, equating to nearly 25 years of earnings. Globally, South Africa is the most affordable, needing 71 months of salary, while the U.S. requires 76 months. Nepal ranks last, needing 684 months, or over 52 years of salary, to buy a home.