Saudi Arabia has some of the GCC's lowest 'residual incomes' for affordable housing

Ernst & Young conducted an analysis of housing affordability, as measured by “residual income” (household budget available after paying for housing) across the Middle East. The report shows that UAE and Qatar achieve higher levels of housing affordability for nationals, while citizens of Saudi Arabia have lower residual incomes. The report suggests that it is time for governments to make step changes in their delivery models, and in particular, to shift into a more outsourced and collaborative approach with the private sector on both the supply side (new homes) and the demand side (financing products).