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34 US cities where people can barely afford homes

Business Insider - 11 Aug 2018 17:30
34 US cities where people can barely afford homes Reuters The cost to buy a home is more expensive than it's ever been. SmartAsset recently released a new report ranking the US cities with the most severely cost-burdened households — households who spend at least half of their income on housing. In 34 cities, at least 13% of households are severely cost-burdened — almost half of the cities are in California. The housing market is on the climb. The value of homes has increased by 73% since the 1960s, when adjusted for inflation, Business Ins...
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