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Toronto ranks poorly in global housing affordability, with rising prices outpacing wages.
Toronto is ranked among the worst cities globally for housing costs, according to a recent study analyzing 200 cities.
The high housing prices in Toronto, relative to average incomes, make it difficult for residents to find affordable homes.
The study highlights the city's housing affordability crisis, which is attributed to rising home prices and stagnant wages, urging policymakers to take action.
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Toronto se ubica mal en la asequibilidad global de la vivienda, con precios crecientes que superan los salarios.