Economy
Misery Indices — G20
The Misery Index (Arthur Okun) sums the unemployment rate and inflation rate — a quick gauge of economic discomfort. Each chart shows that Classic index alongside Neo-Misery, which adds a house-price-to-income affordability component, so the gap between the two lines is the housing burden. One chart per G20 economy; the legend on each makes the two lines explicit.
Argentina
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
Argentina — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 40.645 (2026-07-14) | Range: 33.14–296.55 | Source: Official statistics | Trend(5pt): 39.75,39.50,39.74,40.74,40.65 || Neo-Misery: Classic + Housing Affordability | Latest: 57.1666 (2026-07-14) | Range: 50.38–310.54 | Source: Official statistics | Trend(5pt): 56.27,56.02,56.27,57.27,57.17
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Australia
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
Australia — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 8.4942 (2026-07-22) | Range: 5.97–21.47 | Source: Official statistics | Trend(5pt): 8.58,8.45,8.59,8.49,8.49 || Neo-Misery: Classic + Housing Affordability | Latest: 19.5354 (2026-07-22) | Range: 13.26–21.18 | Source: Official statistics | Trend(5pt): 19.62,19.49,19.64,19.54,19.54
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Brazil
Gap = house price ÷ income per capita · monthly
As of 2026-07-10 · Weekly
Brazil — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 10.24 (2026-07-10) | Range: 9.54–4929.18 | Source: Official statistics | Trend(5pt): 10.52,10.44,10.52,10.32,10.24 || Neo-Misery: Classic + Housing Affordability | Latest: 15.1864 (2026-07-10) | Range: 14.49–32.66 | Source: Official statistics | Trend(5pt): 15.47,15.39,15.47,15.27,15.19
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Canada
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
Canada — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 9.3 (2026-07-20) | Range: 7.14–22.92 | Source: Official statistics | Trend(5pt): 9.30,9.40,9.80,9.70,9.30 || Neo-Misery: Classic + Housing Affordability | Latest: 18.1576 (2026-07-20) | Range: 12.98–24.80 | Source: Official statistics | Trend(5pt): 18.16,18.26,18.66,18.56,18.16
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
China
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
China — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 5.615 (2026-07-08) | Range: 0.57–30.60 | Source: Official statistics | Trend(5pt): 5.82,5.82,5.62,5.82,5.62 || Neo-Misery: Classic + Housing Affordability | Latest: 15.2624 (2026-07-08) | Range: 14.18–51.17 | Source: Official statistics | Trend(5pt): 15.46,15.46,15.26,15.46,15.26
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
France
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of May 2026 · Monthly
France — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 10.3 (2026-05-01) | Range: 7.30–13.20 | Source: Official statistics | Trend(5pt): 8.20,8.80,9.60,10.10,10.30 || Neo-Misery: Classic + Housing Affordability | Latest: 16.2373 (2026-05-01) | Range: 12.76–19.97 | Source: Official statistics | Trend(5pt): 14.14,14.74,15.54,16.04,16.24
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Germany
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
Germany — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 6.8 (2026-07-30) | Range: 2.76–12.96 | Source: Official statistics | Trend(5pt): 6.78,6.53,6.30,6.30,6.80 || Neo-Misery: Classic + Housing Affordability | Latest: 11.5049 (2026-07-30) | Range: 8.26–19.05 | Source: Official statistics | Trend(5pt): 11.48,11.23,11.00,11.00,11.50
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
India
Gap = house price ÷ income per capita (per 100 m² home) · annual
Classic: u/e + inflation 2025-01-01 · Neo-Misery: Classic + Housing Affordability Q1 2026
India — Gap = house price ÷ income per capita (per 100 m² home) · annual || Classic: u/e + inflation | Latest: 6.6179 (2025-01-01) | Range: 6.62–21.51 | Source: Official statistics | Trend(5pt): 11.51,11.52,9.82,9.13,6.62 || Neo-Misery: Classic + Housing Affordability | Latest: 48.935 (2026-01-01) | Range: 48.49–74.52 | Source: Official statistics | Trend(5pt): 48.49,49.09,48.73,49.11,48.94
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Indonesia
Gap = house price ÷ income per capita · monthly
Classic: u/e + inflation Apr 2025 · Neo-Misery: Classic + Housing Affordability Jan 2026
Indonesia — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 5.1825 (2025-04-01) | Range: 3.14–87.87 | Source: Official statistics | Trend(5pt): 4.88,4.00,3.14,4.26,5.18 || Neo-Misery: Classic + Housing Affordability | Latest: 22.5745 (2026-01-01) | Range: 21.11–104.27 | Source: Official statistics | Trend(5pt): 22.23,22.84,22.82,22.73,22.57
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Italy
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
Italy — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 6.9135 (2026-07-02) | Range: 6.85–23.59 | Source: Official statistics | Trend(5pt): 7.11,7.01,6.91,7.01,6.91 || Neo-Misery: Classic + Housing Affordability | Latest: 12.6223 (2026-07-02) | Range: 12.42–25.21 | Source: Official statistics | Trend(5pt): 12.82,12.72,12.62,12.72,12.62
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Japan
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
Japan — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 4.4 (2026-07-23) | Range: 1.61–26.60 | Source: Official statistics | Trend(5pt): 4.00,4.20,4.10,4.20,4.40 || Neo-Misery: Classic + Housing Affordability | Latest: 11.1967 (2026-07-23) | Range: 8.79–19.38 | Source: Official statistics | Trend(5pt): 10.80,11.00,10.90,11.00,11.20
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Mexico
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
Mexico — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 6.613 (2026-05-01) | Range: 6.18–59.06 | Source: Official statistics | Trend(5pt): 6.46,6.69,7.26,7.12,6.61 || Neo-Misery: Classic + Housing Affordability | Latest: 14.0408 (2026-05-01) | Range: 11.58–18.16 | Source: Official statistics | Trend(5pt): 13.89,14.12,14.69,14.55,14.04
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Russia
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of May 2026 · Monthly
Russia — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 7.453 (2026-05-01) | Range: 5.38–2241.06 | Source: Official statistics | Trend(5pt): 8.14,8.05,8.00,7.73,7.45 || Neo-Misery: Classic + Housing Affordability | Latest: 16.3341 (2026-05-01) | Range: 13.30–154.63 | Source: Official statistics | Trend(5pt): 17.02,16.93,16.88,16.61,16.33
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Saudi Arabia
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
Saudi Arabia — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 4.7921 (2026-05-01) | Range: 2.60–13.75 | Source: Official statistics | Trend(5pt): 4.85,4.78,4.84,4.70,4.79 || Neo-Misery: Classic + Housing Affordability | Latest: 8.6145 (2026-05-01) | Range: 8.38–16.28 | Source: Official statistics | Trend(5pt): 8.68,8.60,8.66,8.52,8.61
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
South Africa
Gap = house price ÷ income per capita · monthly
Classic: u/e + inflation Jan 2025 · Neo-Misery: Classic + Housing Affordability Jan 2026
South Africa — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 35.4742 (2025-01-01) | Range: 20.57–41.33 | Source: Official statistics | Trend(5pt): 36.01,35.05,35.06,35.16,35.47 || Neo-Misery: Classic + Housing Affordability | Latest: 49.8481 (2026-01-01) | Range: 34.96–55.80 | Source: Official statistics | Trend(5pt): 49.47,49.48,49.54,49.72,49.85
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
South Korea
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
South Korea — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 5.9 (2026-07-14) | Range: 3.17–15.52 | Source: Official statistics | Trend(5pt): 5.40,5.90,5.90,6.00,5.90 || Neo-Misery: Classic + Housing Affordability | Latest: 15.7869 (2026-07-14) | Range: 13.92–60.40 | Source: Official statistics | Trend(5pt): 15.29,15.79,15.79,15.89,15.79
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Turkey
Gap = house price ÷ income per capita (per 100 m² home) · monthly
As of Jul 2026 · Monthly
Turkey — Gap = house price ÷ income per capita (per 100 m² home) · monthly || Classic: u/e + inflation | Latest: 40.63 (2026-07-03) | Range: 13.78–133.54 | Source: Official statistics | Trend(5pt): 40.05,39.39,40.89,41.13,40.63 || Neo-Misery: Classic + Housing Affordability | Latest: 46.1326 (2026-07-03) | Range: 18.14–101.03 | Source: Official statistics | Trend(5pt): 45.55,44.89,46.39,46.63,46.13
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
United Kingdom
Gap = house price ÷ income per capita · monthly
As of Jul 2026 · Monthly
United Kingdom — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 7.5 (2026-07-22) | Range: 4.80–31.57 | Source: Official statistics | Trend(5pt): 7.90,7.90,7.70,7.70,7.50 || Neo-Misery: Classic + Housing Affordability | Latest: 13.6737 (2026-07-22) | Range: 10.84–21.58 | Source: Official statistics | Trend(5pt): 14.07,14.07,13.87,13.87,13.67
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
United States
Gap = house price ÷ income per capita · monthly
As of May 2026 · Monthly
United States — Gap = house price ÷ income per capita · monthly || Classic: u/e + inflation | Latest: 8.55 (2026-05-01) | Range: 2.97–21.98 | Source: Official statistics | Trend(5pt): 6.69,6.81,7.56,8.11,8.55 || Neo-Misery: Classic + Housing Affordability | Latest: 13.2431 (2026-05-01) | Range: 8.86–19.55 | Source: Official statistics | Trend(5pt): 11.38,11.50,12.25,12.80,13.24
- Classic: u/e + inflation
- Neo-Misery: Classic + Housing Affordability
Date
Latest snapshot
| Country | Classic (V1) | Neo-Misery (V2) | Housing ratio | As of |
|---|---|---|---|---|
| Argentina | 40.6 | 57.2 | 16.5× | 2026-07-14 |
| South Africa | 35.5 | 49.9 | 14.4× | 2025-01-01 |
| India | 6.6 | 48.9 | 42.3× | 2025-01-01 |
| Turkey | 40.6 | 46.1 | 5.5× | 2026-07-03 |
| Indonesia | 5.2 | 22.6 | 17.4× | 2025-04-01 |
| Australia | 8.5 | 19.5 | 11.0× | 2026-07-22 |
| Canada | 9.3 | 18.2 | 8.9× | 2026-07-20 |
| Russia | 7.5 | 16.3 | 8.9× | 2026-05-01 |
| France | 10.3 | 16.2 | 5.9× | 2026-05-01 |
| South Korea | 5.9 | 15.8 | 9.9× | 2026-07-14 |
| China | 5.6 | 15.3 | 9.7× | 2026-07-08 |
| Brazil | 10.2 | 15.2 | 5.0× | 2026-07-10 |
| Mexico | 6.6 | 14.0 | 7.4× | 2026-05-01 |
| United Kingdom | 7.5 | 13.7 | 6.2× | 2026-07-22 |
| United States | 8.6 | 13.2 | 4.7× | 2026-05-01 |
| Italy | 6.9 | 12.6 | 5.7× | 2026-07-02 |
| Germany | 6.8 | 11.5 | 4.7× | 2026-07-30 |
| Japan | 4.4 | 11.2 | 6.8× | 2026-07-23 |
| Saudi Arabia | 4.8 | 8.6 | 3.8× | 2026-05-01 |
