These cities have the least affordable housing

Nov 7, 2017

A guest walks along a terrace at Alto Vidigal hostel in Vidigal favela, in Rio de Janeiro, Brazil, April 23, 2016. Hostels in a few of RioÕs more than 1,000 slums serve not only as a cheap housing alternative for the more adventurous among the estimated 500,000 foreign tourists expected to arrive for the Olympics in August. The establishments also open up the rich culture of the city's shantytowns for travellers, giving them a glimpse into once "no-go" areas where about one-fifth of Rio's population lives. REUTERS/Pilar Olivares SEARCH "HOLIDAY FAVELAS" FOR THIS STORY. SEARCH "THE WIDER IMAGE" FOR ALL STORIES - S1BETBYEYYAA

Of the top 20 cities with least-affordable housing relative to income, seven are in Asia and six are in Latin America. Image: REUTERS/Pilar Olivares

Callum Brodie

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Caracas is the least-affordable city in the world Image: Bloomberg analysis of data from Numbeo

More than one in five Rio residents lived in a favela in 2010 Image: Reuters

London is the least affordable city in Western Europe Image: Reuters

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