Wednesday, February 11, 2015
AFFORDABILITY--A GLOBAL CHALLENGE
So read the headline of a recent OC Register
article. But there was a great
chart from Demographia that listed the top 10 cities with the least affordable
homes, in terms of the ration of an area's median home price to local median
household incomes, from a study of 86 cities. The good news is that greater OC isn't on the list, the bad
news LA is, but the good news is that at least it's #10. The cities you ask?: 1) Hong Kong 2) Vancouver, BC 3) Sydney 4) San Francisco
4) tied- San Jose 6)
Melbourne 7) London 8) San Diego 9) Auckland, New Zealand 10) Los Angeles
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