In many European nations, housing costs are taking a bigger bite out of workers' paychecks. As affordability issues rise, protests have erupted in cities like Madrid, Lisbon, and Berlin, highlighting the widening gap between wages and rent. For example, in Hungary, home prices have skyrocketed...

Cities across North America are grappling with a growing divide between wages and home prices, creating a housing market that many find “impossibly unaffordable.” Current data shows that U.S. home prices have become less affordable than during the lead-up to the 2008 global financial crisis....