Some Asian countries, perhaps. In Japan, real estate is a (in)famously bad investment. Lots of real estate actually loses value over time, more like a vehicle in the US.
Oddly enough, according to this: https://resources.realestate.co.jp/living/how-affordable-is-... homes in the US are still more affordable than those in Japan.
I only did a quick search and clicked on the first result, btw, so take that with a boulder of salt.