“The survey gave the city a median multiple of 10.3, meaning its median housing price is about 10.3 times more than its median household income – which is $65,000. Demographia considers any score above 5.1 a “severely unaffordable” market.”
Hong Kong was ranked #1.
http://bc.ctvnews.ca/vancouver-housing-named-2nd-most-costly-in-world-again-1.1649712
Come to think about it, there were a few more articles about this sort of thing, for instance:
“Vancouver’s 25-to-34 year old cohort earns less and carries more debt than a generation ago, Kershaw said, meaning it now takes 10 working years to save for a down payment versus two years back then.”