1/18 http://biz.yahoo.com/brn/050113/14985_1.html
Salinas with the third least affordable housing??
\_ Wow, Yuba City made the list! I guess Chico has a slightly
higher median income?
\_ Chico has seen a huge increase in home prices lately. I've seen
houses comparable to mine going for more than 2x what I paid 4.5
years ago. Meanwhile salaries really haven't changed much.
\_ I find this hard to believe. San Jose, San Mateo, Mountain
view are not listed, yet Oakland made it to the top? And
Merced/Modesto made the top list, even though ppl there are
unually poor farmers who could barely make a living there?
\_ Umm... re-read the explanation at the top of the page. It's
based on median income vs home cost, not flat home cost.
\_ Damn, NYC beat Modesto by just one ranking... bastards... |