LOS ANGELES - It isn’t news to anyone that living in California comes with a hefty price tag on a national scale—but how does it compare to other cities across the globe?

A study conducted by researchers at Chapman University in Orange County and the Frontier Centre for Public Policy, a Canadian think tank, looked at housing affordability ratings for 95 markets in eight countries.

Ranking markets from ‘affordable’ to ‘impossibly unaffordable’

What we know:

Joel Kotkin, the director of the Center for Demographics and Policy at Chapman University, described the report's findings as "disastrous, at least for potential homebuyers," using the United Kingdom, the entire U.S. West Coast, Colorado, Australia, and most of Canada as examples.

"High housing prices, relative to incomes, are h

See Full Page