CA have 5 out of the top 10

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Submitted by AN on December 1, 2012 - 5:31pm

http://money.cnn.com/gallery/real_estate...

Not sure if isn't something to be proud of, but we have 5 out of the top 10.

Also, based on this article and compare SD vs SF. When you're talking about median, SF median income is 33% higher, but housing is ~100% higher.

Submitted by spdrun on December 1, 2012 - 5:41pm.

And my area (NY/NJ/CT) gets 3/10. Woot, woot!

Of course the real metric of whether you should buy or rent is effective cap rate. i.e., can it be the same or higher than mortgage rates, making it significantly cheaper to buy?

Precious few studies use that method, and include things like average taxes, average insurance, and average HOA fees in their metric.

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