USA Today, June 26, 2024, These Cities Have ‘Impossibly Unaffordable’ Housing, Report Finds
Across the globe, people living in major cities are struggling to find affordable housing options. A recent report from Chapman University and the Frontier Centre for Public Policy in Canada identified which cities are “impossibly unaffordable” for the average resident.
Researchers analyzed the average incomes with average home prices of nearly 100 major cities in eight countries. Within the U.S., San Jose, California is the least affordable housing market. California is home to four of the 10 least-affordable housing markets in the world, including Los Angeles, San Francisco, and San Diego.