Transcribed
Development in the Americas - Housing for All: Housing prices
How expensive is the cheapest house in Latin America? in us$ $44,228 months Number of months of income needed to buy the cheapest housing unit on the market 45 months $36,474 $21,105 $18,120 31 months $12,000 $10,983 $20,000 30 months $17,766 $15,000 25 months 23 21 24 months $12,000 months months 25 months 18 months $12,290 16 20 .months months 16 22 months 20 months 16 months months 12 12 months months 13 months 10 months Source: IDB. 2012. Room for Development. $54,054 $42,420 $38,936 $31,795 Montevideo $19,697 Mexico City Lima Guatemala City $17,053 $15,095 315,073 San Jose Guadalajara Tegucigalpa San Salvador Bogota Guayaquil Managua La Paz
Development in the Americas - Housing for All: Housing prices
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How expensive is the cheapest house in Latin America?
The cheapest dwelling offered by the private sector in Latin America without any construction subsidies averaged $24,000 in 2010, and families ...
needed 21 months of full income to pay for them, according to "Room for Development: Housing Markets in Latin America and the Caribbean", the latest edition of the IDB´s flagship publication Development in the Americas.
The figure shows the average prices for the cheapest private-sector housing in large cities in Latin America. Caracas, Buenos Aires and Santiago are the region´s most expensive while La Paz, Managua and Guayaquil are the cheapest. Factoring in the level of income and the time that it would take a household to pay for the house, Buenos Aires, Caracas and Montevideo are the most expensive and Bogota, Guadalajara and San Jose are the cheapest.
Source
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