The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.
The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.
Title: Residential property markets and investments in Latin-America
Description: Opportunities in residential property investment in Latin America. A comparison of Latin American countries on the basis of rental yields, taxes and investment prospects.
Keywords: global property guide, property guide, global property, latin america, rental yields, overseas property, property markets, property investments