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« Blow Your Bugle All You Want... The Calvary is Nowhere in Site | Main | Can't Sell Your Home, How About You Swap It... » February 20, 2008If You Had to Pick the More Exspensive City Would it be LA or SF?Indianapolis Maintains Title of Nation's Most Affordable Housing Market The National Association of Home Builders has proclaimed Los Angeles the most expensive city in the United States to live in. According to the just released study, only 6.2 percent of the resident could afford a median priced home ($456,000) in Los Angeles . $456,000? Give me a break. What were they drinking at the NAHB? Because last time I checked the median price of a home in San Francisco was $749,000. A 64% premium over LA... I understand the key factor in handing the title over the LA was the lower median family income... but it just seems hard to imagine pay is that much better here.... So take pride in your city, and take pride in yourself... Somehow you’ve managed to find a way to live what is probably the most expensive city in the United States ... But is there really anyplace you’d rather be.... And for the record, in order of least affordability with populations above 500,000 LA Posted by Jeff Brooks on February 20, 2008 11:30 AM | Permalink TrackBackTrackBack URL for this entry: |