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@devastatednate Median multiple doesn't take into consideration a lot of support systems on offer. For instance, help to buy, shared equity etc. In Singapore, there appear to be a lot more effective policies not captured in the median multiple. For instance, you may see a lower home ownership...

For context, the Singapore population is 5.6m people with a land area of 728.6 km². Relative to Ireland of circa 5m people and 84,421 km². There are roughly 7600 people per km in Singapore compared to 60 people in Ireland. Yet we've managed to botch housing. I think there is a lot to be learnt...