Friday, August 31, 2007

Top 10 least affordable cities

Found this list, via CNN Money, of the top 10 least affordable U.S. cities (median household income vs. media home price):

  1. Los Angeles-Long Beach-Glendale, CA
  2. Santa Ana-Anaheim-Irvine, CA
  3. Salinas, CA
  4. Merced, CA
  5. Santa Barbara-Santa Maria-Goleta, CA
  6. New York-White Plains-Wayne, NY-NJ
  7. San Francisco-San Mateo-Redwood City, CA
  8. Napa, CA
  9. San Luis Obispo-Paso Robles, CA
  10. Modesto, CA
Nine out of 10 are in California, including SLO. So tell me, why are so many people flocking to California? I know, California's a great place and (humbly speaking) may be the best state in the nation in terms of a total package.

But there ARE other places to live, folks--where young people can actually fulfill a dream of owning their own home and saving for their kids' college funds.

And believe it or not, there are jobs elsewhere, too--some that even pay well!

I know NYC is on the list, too. But there are lots of suburb areas around here that are affordable, like Riverdale--where we'll be living in a few months!

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