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The Top 10 Most Unaffordable Cities in the United States

The Top 10 Most Unaffordable Cities in the United States

When we look at housing prices we are really talking about affordable living. If wages are extremely high in your community, expensive housing prices are not that much of a burden. It is why Washington D.C. is not on the list.

Reading the latest Demographia International Affordability Survey, and if you are a real estate numbers geek it is absolutely fascinating, shows us that California really has created a burden for it’s residents. The combination of restrictive building practices, high taxation, and stagnant wages has put 9 cities out of the Top 10 Unaffordable Cities in the United States.

That is brutal, and I am sure that it is not going to be read about in the major newspapers in the state. Honolulu took first place in the United States and has always been an extremely expensive place to live. But look at California and weep for those who remain. They pay a premium for housing even after the real estate crash.

 The Top 10 Most Unaffordable Cities in the United States

  1. Honolulu, Hi
  2. Santa Barbara, CA
  3. San Francisco – Oakland, CA
  4. Santa Cruz, CA
  5. San Jose, CA
  6. San Luis Obisbo, CA
  7. San Diego, CA
  8. Los Angeles, CA
  9. Oxnard, CA
  10. Santa Rosa, CA

 Via the Demographia International Housing Affordability Survey

Image via Bear Flag Museum

2 comments

  1. Thanks for educating us with this information. I hadn't know yet that California put burden on their residents through high taxation, restrictive building practices.

  2. I thought San Jose would top the list but there are many others which are really giving a tough competition to it.

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