Top 10 Least Affordable Housing Markets in 2007
July 3rd, 2007 • Related • Filed Under
If you are looking to stretch your housing dollars, these are cities that you might as well pass on. The housing markets with the least affordable housing prices tend to have a large stratification between the poor, middle class, and rich. Housing costs are obvioulsly high with the median earner only making 12 percent of the cost of housing per year.
- Los Angeles-Long Beach-Glendale, CA
- Santa Ana-Anaheim-Irvine, CA
- Salinas, CA
- Merced, CA
- Santa Barbara-Santa Maria-Goleta, CA
- New York-White Plains-Wayne, NY-NJ
- San Francisco-San mateo-Redwood City, CA
- Napa, CA
- San Luis Obispo-Paso Robles, CA
- Modesto, CA
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