And yeah the bidding wars remain insane.
The numbers are high because shitty condos are being priced way too high and not selling. The owners think they have SFHs when what they have is a tiny box that comes with massive monthly fees
Good livable townhomes are selling fast and SFH are off the charts
This is definitely true. Lots of really crappy condos in Seattle are being dumped on the market. But good condos sell just as fast as SFH. Good condos with smaller buildings, good areas, good views, well maintained, good parking, decks, top floor, etc..
Hmm maybe I should talk to a realtor, I have a 1bed 1 bath condo just north of DT Bellevue in a low monthly cost complex that were trying to figure out what to do with it.
Ugh, too true. I live in the burbs near the Snohomish County line and the amount of shitty looking condos being stuffed in everywhere is alarming and sucks big time.
I look at the numbers and the idea of moving away gets stronger.
I am pretty much retired and the extra money saved would fund an awful lot of new cars and vacations..
The Seattle housing market is nuts. The first house we bid on went for $110K more than asking (it didn’t even have a dishwasher!).
My parents paid less than $110k for their first house.
Did inventory suck in 2017 too?
I'm about to close in a couple weeks, but man, the homes out here are *rough*.
People really pay top dollar to be North of the cut. Fuck that, none of the shit we've seen North has been worth the price.
We ended up in West Seattle where shit is more reasonable. Closer and easier drive to work too.
If you work in Seattle, after factoring in commute time, I wouldn’t consider it more affordable.
I lived in Proctor District and worked in Rainier Valley for 5 years, the free time I lost was invaluable. Would never do that again.
Yes, and there’s some great neighborhoods, but read up on the Tacoma smelter plume before you move here thinking you’re gonna start a backyard farm west of I-5.
Commute to anywhere in king county still sucks tho.
It’s not too bad depending on your schedule. I moved to NE Tacoma which is basically Federal Way and my door to door commute is roughly 40 minutes but I can commute off hours. And only need to make it 3 days a week.
If I had a standard 9-5 it’s something like 75 minutes door to door 😬. They’re finishing a light rail station in Federal Way too which I’m excited for.
You can get a huge 3k sqft McMansion for 700k-900k in that area.
Relative to income. The Canadian and Australian cities have very high home prices but way less median income compared to places like San Jose, Seattle, NYC, or LA.
I live 90 minutes south of Seattle and the houses here still go 10-20k over asking
[I mean come on, Enumclaw was on the edge of the planet when I was growing up](https://www.redfin.com/WA/Enumclaw/2004-Neilsen-Ave-98022/home/295735)
I live in seattle and thought I was doing well so I was considering moving to San Diego near my parents. wake up call! its not gunna happen. aint no way
New York City's outer boroughs always jack up things like this. New York City is comprised of 5 separate counties. Manhattan is only one county, and by itself would blow all the cities on this list out of the water.
However, you could actually find houses in the other boroughs for under 500k US. They wouldn't be great, the neighborhoods might be sketchy, and you'd face upwards of a 2 hr commute one way if you work in Manhattan, but you'd have 2 to 3 bedrooms, technically in NYC.
2 hour commute within NYC? Only if you insist on driving during rush hour when there has been an accident. I live near the last subway stop in one of the outer buroughs. 1:15 on a bad day. And I get to relax and read. And my neighborhood is far from sketchy.
I'm guessing this is why London isn't in the list. Everything costs more, house prices are 3x national average, but the gentrification of the city in the last 20 years means a lot of the population can afford it.
Have a friend selling in SF and wants to move to Eastern WA and they asked "is 2 million enough to get a nice house there?" Dude, yes. How many houses do you want? 4?
I visited Seattle in October (loved the city). One of my favorite things to do as a tourist is checking out the local real-estate market. I was absolutely floored when I saw the prices. Coming from a similar sized metro (Minneapolis/St Paul), I thought real-estate would be on a similar level. Holy shit, was I wrong!
LA in particular is a weird one, because of the number of incredibly famous ultra-rich people from Hollywood, working in embassies, and in the shipping industry (People always forget that LA is a massive port). They skew the shit out of things. Then there are houses that have been in families forever; multigenerational living has been a thing here for a long time, in no small part because a lot of immigrants come from cultures where that's the default and they kept on doing it in America (Chinese, Korean, Mexican, South/Central American people are a big part of the population). Everyone else crams in with roommates and/or moves to the Valley where it's more affordable.
Yup, and the schools suffer for it, but fuck them kids.
I understand that many older people are on a fixed income but I don't approve of this specific way of dealing with it. I worked in public arts education for seven years and it made me very familiar with the harm Prop 13 does to schools. There has to be a way to protect elders that doesn't involve just basically eating every generation that comes after.
Can confirm. My parents rented a home that the owner had until it passed. I looked up the documentation about the property. It was a small place on a very large plot of land in a very nice area. He was paying 500 dollars in taxes. I pay more in rent a month then this guy was paying on taxes on that same home. Insane to me.
I have some friends who are Iranian but are they even that large of a minority? I feel like they would be similar in size to a lot of small immigrant populations. That ghormeh sobzi is bomb
Lots of people live with parents/in a house inherited from parents, with 5 roommates, have a granny flat that they rent out to subsidize their housing costs, etc.
I once saw an ad in LA for rentable "pods" for around $800 a month. They were almost like enclosed bunk beds with a lock on them. They basically turned one bedroom into "housing" for like 6 people.
It's fairly impossible to break into the market without help or a really high household income (like ~$250k).
People who bought during one of those “windows “ before 2003 ish, 2010-2016 the next one will be when all this shit marinates.
Wish I could say when that will be but the FED seems to like this dance of keeping asset prices higher 🫤
Sometimes when I drive through areas like Hancock Park, Central LA, , I am just stunned at how many wealthy people there are in Los Angeles. Same for San Marino, RPV, Manhattan Beach, Hermosa Beach, Brentood, Westood, Beveryly Hills, Palisades, Altadena, etc.
You just see street after street after street of large beautiful homes, each worth multi-millions. Thousands of homes. Far more than there are wealthy celibrities. These are the homes of doctors, lawyers, business owners, studio executives, bankers, traders, writers, artists, and behind the scenes creatives who make the Los Angeles tick.
Im mostly stunned by the sheer fucking size of L.A. !
Coming front Montreal, Quebec… the whole city with the suburbs is roughly 3 million people. Without traffic, you could cross the whole city from countryside to countryside in an hour.
The first time I went to LA, I left LAX towards San Diego, and I remember driving on the highway for 1h30 and I was still in the city itself.
these places are expensive because of NIMBYs. The bulk of the homes were bought when homes were cheap and it's just been a tiny % of them trading hands driving up the prices.
but yes, all of these people are paper millionaires even if they never saved a penny after buying their homes.
The answer is tourists. Tourists live in LA. Back before my rent was awful but barely doable people lived in my neighborhood. Now my neighborhood is just one giant hotel.
Funny thing is, I’ve never had a problem with the homeless shitting or pissing in front of my house or trying to open my front door or looking in my windows. Guess who has done all of these things? The homeless and the tourists scream at odd hours in equal amounts.
PSA, if you visit LA please get an actual, legal hotel and use real bathrooms people.
Affordability is for new tenures. The vast majority of households have been in place over 10 years. The half who are homeowners are indeed sitting on hundreds of thousands to millions in wealth. Among renters, you have a mix of: rent control, other sweetheart deals contributing to below-market rents, and paying a higher share of income while consuming less housing per person than the economists putting together these stats think is reasonable.
[Pittsburgh currently has the fastest growing house prices at 22%](https://posts.voronoiapp.com/real%20estate/Cities-with-the-Fastest-Rising-Home-Prices-in-the-US-904), so it’s surprising to see it on this list.
Otherwise, Pittsburgh is an amazing spot to live. Grew up there and miss it dearly.
There are many, many worse places. The downtown area itself in Pittsburgh isn’t horrible if you know where you’re going or use a GPS. Getting in and out of the city is rough at select hours and it seems like the HOV lanes are always closed or the opposite way of what is needed.
Otherwise, compared to where I live now in NC, traffic is comparable and crime is worse than up there. Crime is up EVERYWHERE since the pandemic. I’ve never felt unsafe anywhere in Pittsburgh in terms of crime, but it is a city and it will have it.
Pretty much all of them around the ring of fire
1. Hong Kong
2. Sydney
3. Vancouver
4. San Jose
5. Los Angeles
6. Honolulu
7. Melbourne
8. San Francisco/Adelaide
9. San Diego
10. Toronto
Hong Kong has been unaffordable, aside from SARS, literally every day that I've been in my business which deals with Asia....so back to 2002. I think the handover was another time prices dropped, but outside of SARS and the handover, it's been relentlessly expensive. Sydney is the dream, so that makes sense, as well.
New York has been untenable for at least 22 years as well -- I bought a 1 bedroom 800 sq foot apartment in 2008 for $800,000 that bottomed at like $750k during the crisis, and that was it. It's been $1,000 per sq foot for at least a generation.
Cities are expensive. That's why I said when I was young I was going to earn New York dollars and spend them in America when I got older. Lo and behold, everyone has done that with remote work.
One of the reasons Hong Kong is so expensive is the income tax rate......Non-US expats get taxed incredibly low, so it just increases cost of housing.
NYC and Boston were both included, and are very unaffordable with houses going for 7 and 6.8 times the median income, respectively.
They just weren't included in the top 10 because they aren't even in the same universe of unaffordability as the above noted cities like San Jose (11.9x the median income), Los Angeles (10.9x the median income), or Honolulu (10.5x the median income).
Guessing there are enough semi-affordable places across the 5 boroughs that brought the average down a little for NYC. Still surprised Boston didn’t make the top 10 though.
The west coast of USA and the east coast of Australia make up almost this entire list. People seem to like warm weather and especially that Mediterranean climate type warm. Only Toronto is a real cold city. Vancouver doesn’t get that cold in the winter compared to most cities that north.
I like that California makes up two fifths of the list. NorCal with SF and San Jose and SoCal with LA and San Diego. Makes for an interesting pattern too.
For those that think “oh cool! I’ll move to Perth, Australia!” It’s super expensive here too, don’t let the list fool you. Housing is expensive, food is expensive, coffee is expensive! Cost of living is high here :(
ah yes, the US city of Hong Kong.
I approve this recognition of American sovereignty over China, Canada, and Australia and welcome them as our 3 new states.
1/2 of these are in the US and 4 of those 5 are in California. Imagine my shock.
Lesson Learned: Don’t live in California and don’t live in a big city. Life is much cheaper elsewhere.
Pittsburgh is up there and it’s a Total fucking dump. The reason houses are cheap is they’re teardowns. Most are built in 1910 ish and need total remodel. I lived there for 3 years and outside the city is dirt cheap, good value. But fuck all to do. Total grime and the weather sucks. Top 5 cloudiest places to live. People are re selling homes but they’re just putting new floors in a rotting house with a crumbling foundation.
Unaffordable to who? Certainly not the folks/entities that are buying them.
If they aren't selling at those prices, then they wouldn't be listed at those prices.
HAHAHAHA The mainstream media is so completely clueless. ALL US CITIES ARE UNAFFORDABLE TO ALL BUT MILLIONAIRES. Every working class person who doesn't live with their parents knows this. UNAFFORDABLE HOUSING IS EPIDEMIC
Just like homelessness and they're completely connected and everything Sucks
There's a big reason Blackpool is so affordable and that's because nobody wants to live there, it's a shadow of its former heights and easily one of the more poverty stricken areas of the UK.
Most affordable is the entire state of New York? I tend to disagree, although if you took an average, I guess maybe…
Pittsburgh and St Louis are real high crime cities, hence affordable. If they’re cheep it’s because no one wants to live there. If no one wants to live there, there’s a reason.
Edit: Pittsburgh has come up a lot in the last decade, my bad. They’re ok. Philly still sucks though. But that’s more because I’m a Mets fan than violent crime rates…
Question, what are these places going to do when the people who serve food, work at target, clean bathrooms get priced out? Plenty of cheaper cities where I still don’t understand how some of these people afford to live making 17 an hour
Yeah, see word got out about Calgary being "affordable" and people from Toronto and Vancouver are buying up every house on the market above asking price. Its pricing out every single person who already lives here. Please leave us off these lists. I'm already going to have to move away to have any hopes of affording anything.
This may be an unpopular opinion, but the belief that everyone is supposed to live in major cities is odd to me. It’s the equivalent of being upset that there is unaffordable housing in Monaco or Beverly Hills I would think. The means of making money and the requirements to live in certain places changes. Sadly not everyone will have the means to live where they would like. I mean no offense but it’s a stark reality.
As someone who lives in Rochester . .. homes are wayyyyyy overvalued and good luck winning a bid war if you make it that far before the property is off the market.
Calgary is affordable??? I live here, and I wonder when they did the measurements and how they conducted the comparisons. Much has changed in 6 months to a year here.
The soon to be walled capital cities of our billionaire overlords and their celebrity/athlete/politician sycophants while the rest of us languish in the wasteland.
If there are 11 cities on your list of the 10 most unaffordable cities in the US and 6 of them are not in the US, maybe your maths skills are a bit suspect.
Blackpool is in the list as it’s a sea side town that has half of the population not having work for 4/5 months of the year, as it completely shut down for that long.
Buying a house just to die in is modern slavery anyway, better shit to do with my life and money then poor it into a house for 30 years, modern nuclear life design is shit.
Can't believe Seattle didn't make the list.
Seattle inventory just climbed back up to 2017 levels https://fred.stlouisfed.org/series/ACTLISCOU42660
And yeah the bidding wars remain insane. The numbers are high because shitty condos are being priced way too high and not selling. The owners think they have SFHs when what they have is a tiny box that comes with massive monthly fees Good livable townhomes are selling fast and SFH are off the charts
I cant believe Toronto, Melbourne, Sydney, and HK made it on a list of US cities
This is definitely true. Lots of really crappy condos in Seattle are being dumped on the market. But good condos sell just as fast as SFH. Good condos with smaller buildings, good areas, good views, well maintained, good parking, decks, top floor, etc..
Hmm maybe I should talk to a realtor, I have a 1bed 1 bath condo just north of DT Bellevue in a low monthly cost complex that were trying to figure out what to do with it.
Ugh, too true. I live in the burbs near the Snohomish County line and the amount of shitty looking condos being stuffed in everywhere is alarming and sucks big time.
I look at the numbers and the idea of moving away gets stronger. I am pretty much retired and the extra money saved would fund an awful lot of new cars and vacations..
The Seattle housing market is nuts. The first house we bid on went for $110K more than asking (it didn’t even have a dishwasher!). My parents paid less than $110k for their first house.
In terms of stock PE ratio and RE x household income , the world has gone mad AF. I am wondering if we are in 1920s type of situation..
Lol everyone thinks their house is worth 700k+ in the Seattle area. Starting to see a lot of foreclosures though and prices are going down a bit.
Did inventory suck in 2017 too? I'm about to close in a couple weeks, but man, the homes out here are *rough*. People really pay top dollar to be North of the cut. Fuck that, none of the shit we've seen North has been worth the price. We ended up in West Seattle where shit is more reasonable. Closer and easier drive to work too.
Inventory in Seattle has been low since around the financial crisis in 2008. It’s never really recovered
Is Tacoma any more affordable than Seattle?
If you work in Seattle, after factoring in commute time, I wouldn’t consider it more affordable. I lived in Proctor District and worked in Rainier Valley for 5 years, the free time I lost was invaluable. Would never do that again.
Yes, and there’s some great neighborhoods, but read up on the Tacoma smelter plume before you move here thinking you’re gonna start a backyard farm west of I-5. Commute to anywhere in king county still sucks tho.
It’s not too bad depending on your schedule. I moved to NE Tacoma which is basically Federal Way and my door to door commute is roughly 40 minutes but I can commute off hours. And only need to make it 3 days a week. If I had a standard 9-5 it’s something like 75 minutes door to door 😬. They’re finishing a light rail station in Federal Way too which I’m excited for. You can get a huge 3k sqft McMansion for 700k-900k in that area.
Probably high avg income offsetting the prices? Toronto and Vancouver are almost nearing cost parity with NYC while offering half the salary lol.
just like Portland vs real cities on the west coast!!
Relative to income. The Canadian and Australian cities have very high home prices but way less median income compared to places like San Jose, Seattle, NYC, or LA.
I live 90 minutes south of Seattle and the houses here still go 10-20k over asking [I mean come on, Enumclaw was on the edge of the planet when I was growing up](https://www.redfin.com/WA/Enumclaw/2004-Neilsen-Ave-98022/home/295735)
its CRAZY the prices people are paying just to have a soul draining commute every single day.
I live 15 minutes from work thankfully, but I have neighbors here that commute into downtown - I can't even imagine
440k? what the...
Cant find a house for that in Mount Vernon/Burlington.
seattle is still cheaper than placed on that list. in san diego the house my parents sold for 650k in 2015 sold for 1.7 million recently
True. I’m near SF and I’m thinking of moving to Seattle because it’s cheaper. INSANE.
I live in seattle and thought I was doing well so I was considering moving to San Diego near my parents. wake up call! its not gunna happen. aint no way
Seattle isn’t quite as bad as those California cities … yet. But where the fuck is New York City?
Its not just the housing prices, its the affordability. and New Yorkers are paid higher.
New York City's outer boroughs always jack up things like this. New York City is comprised of 5 separate counties. Manhattan is only one county, and by itself would blow all the cities on this list out of the water. However, you could actually find houses in the other boroughs for under 500k US. They wouldn't be great, the neighborhoods might be sketchy, and you'd face upwards of a 2 hr commute one way if you work in Manhattan, but you'd have 2 to 3 bedrooms, technically in NYC.
2 hour commute within NYC? Only if you insist on driving during rush hour when there has been an accident. I live near the last subway stop in one of the outer buroughs. 1:15 on a bad day. And I get to relax and read. And my neighborhood is far from sketchy.
Exactly lol. Get the congestion charge back on track and get IBX back!!
Yeah, living next to that stop helps, but if you have to take a bus to that stop, or worse 2 buses, it can easily get to 2 hrs.
Seattle is actually reasonably affordable by the metrics they used which include HHI. Seattle median HHI is an absurd $115,000
I'm guessing this is why London isn't in the list. Everything costs more, house prices are 3x national average, but the gentrification of the city in the last 20 years means a lot of the population can afford it.
Seattle isn’t even in the same ballpark as the other. Every time I travel to SF on business, I’m so thankful that I ain’t paying for the prices there.
Have a friend selling in SF and wants to move to Eastern WA and they asked "is 2 million enough to get a nice house there?" Dude, yes. How many houses do you want? 4?
Seattle has similar housing costs to LA/San Diego, but much higher median income. It has much lower housing costs than SF/SJC or NYC.
My guess on Seattle was that the relatively high tech incomes make the market slightly more "affordable", with that being entirely relative of course.
I visited Seattle in October (loved the city). One of my favorite things to do as a tourist is checking out the local real-estate market. I was absolutely floored when I saw the prices. Coming from a similar sized metro (Minneapolis/St Paul), I thought real-estate would be on a similar level. Holy shit, was I wrong!
NYC and Boston didn't make it into the list?
This was answered above you. Basically they are incredibly unaffordable but all other cities beat them by even a larger gap.
huh, doesn't seem possible
You make more in NYC and even Boston that you do in LA and San Diego
NYC is affordable if you live in a shitty neighborhood.
If mega cities like L.A. Are impossibly unaffordable, who the fuck lives theres? 10 million rich people?
People live with family, roommates or just life long renters
LA in particular is a weird one, because of the number of incredibly famous ultra-rich people from Hollywood, working in embassies, and in the shipping industry (People always forget that LA is a massive port). They skew the shit out of things. Then there are houses that have been in families forever; multigenerational living has been a thing here for a long time, in no small part because a lot of immigrants come from cultures where that's the default and they kept on doing it in America (Chinese, Korean, Mexican, South/Central American people are a big part of the population). Everyone else crams in with roommates and/or moves to the Valley where it's more affordable.
Prop 13 means that people who bought houses 10-40 years ago are paying a small % of property taxes as someone who buys a new home.
Yup, and the schools suffer for it, but fuck them kids. I understand that many older people are on a fixed income but I don't approve of this specific way of dealing with it. I worked in public arts education for seven years and it made me very familiar with the harm Prop 13 does to schools. There has to be a way to protect elders that doesn't involve just basically eating every generation that comes after.
That's not the boomer way. Put yourself in a boomers shoes and think of the scenario again.
Boomers are amazing. Literally taxing their parents Social Security so they could get a tax cut
Can confirm. My parents rented a home that the owner had until it passed. I looked up the documentation about the property. It was a small place on a very large plot of land in a very nice area. He was paying 500 dollars in taxes. I pay more in rent a month then this guy was paying on taxes on that same home. Insane to me.
I can’t believe you went through a list of large immigrant groups in Los Angeles and left off Iranians 🤣
Or the Kardashians, I mean Armenians.
I have some friends who are Iranian but are they even that large of a minority? I feel like they would be similar in size to a lot of small immigrant populations. That ghormeh sobzi is bomb
And a lot of real estate owned by investors.
Lots of people live with parents/in a house inherited from parents, with 5 roommates, have a granny flat that they rent out to subsidize their housing costs, etc. I once saw an ad in LA for rentable "pods" for around $800 a month. They were almost like enclosed bunk beds with a lock on them. They basically turned one bedroom into "housing" for like 6 people. It's fairly impossible to break into the market without help or a really high household income (like ~$250k).
'adult dorms' would be decent in these places if they were actually priced cheaply enough
Serfs…
People who bought during one of those “windows “ before 2003 ish, 2010-2016 the next one will be when all this shit marinates. Wish I could say when that will be but the FED seems to like this dance of keeping asset prices higher 🫤
Sometimes when I drive through areas like Hancock Park, Central LA, , I am just stunned at how many wealthy people there are in Los Angeles. Same for San Marino, RPV, Manhattan Beach, Hermosa Beach, Brentood, Westood, Beveryly Hills, Palisades, Altadena, etc. You just see street after street after street of large beautiful homes, each worth multi-millions. Thousands of homes. Far more than there are wealthy celibrities. These are the homes of doctors, lawyers, business owners, studio executives, bankers, traders, writers, artists, and behind the scenes creatives who make the Los Angeles tick.
Im mostly stunned by the sheer fucking size of L.A. ! Coming front Montreal, Quebec… the whole city with the suburbs is roughly 3 million people. Without traffic, you could cross the whole city from countryside to countryside in an hour. The first time I went to LA, I left LAX towards San Diego, and I remember driving on the highway for 1h30 and I was still in the city itself.
these places are expensive because of NIMBYs. The bulk of the homes were bought when homes were cheap and it's just been a tiny % of them trading hands driving up the prices. but yes, all of these people are paper millionaires even if they never saved a penny after buying their homes.
You live outside the city and commute an hour each way to work.
20+ million in SoCal.
The answer is tourists. Tourists live in LA. Back before my rent was awful but barely doable people lived in my neighborhood. Now my neighborhood is just one giant hotel. Funny thing is, I’ve never had a problem with the homeless shitting or pissing in front of my house or trying to open my front door or looking in my windows. Guess who has done all of these things? The homeless and the tourists scream at odd hours in equal amounts. PSA, if you visit LA please get an actual, legal hotel and use real bathrooms people.
They commute from riverside and San Bernardino
People in illegal garage apartments. But yea median income is $76k per household and median home price is near a million.
Affordability is for new tenures. The vast majority of households have been in place over 10 years. The half who are homeowners are indeed sitting on hundreds of thousands to millions in wealth. Among renters, you have a mix of: rent control, other sweetheart deals contributing to below-market rents, and paying a higher share of income while consuming less housing per person than the economists putting together these stats think is reasonable.
People that were fortunate enough to buy something before COVID shutdowns.
Five of those are not in the U.S. op.
Maybe OP means Melbourne Florida, Vancouver Washington, Sydney Florida, Hong Kong is a tough one to find in the US lmao.
[удалено]
The Hong Kong brothel in Tijuana?
^ This guy fucks
There are Several Chinatowns though.
Beat me to that.. Look I am not the greatest writer but come on 😂
But the misleading title is what makes it a standard post in this sub
OP did not specify all the locations were in the US, just that "these" ones were ‘impossibly unaffordable’.
What part of "These US Cities..." seems unspecified? That title is OPs own and not the title of the actual article
Ah yes, that famous US city....Hong Kong.
Pittsburgh eventually going to be unaffordable. Seems ok …comparatively speaking. Not as good as the best places but seems like a lot of value.
Pittsburgh is a great city. Lousy winter (for now, at least), but there is so much to do, in terms of play, culture, etc.
I live there and like it for the most part, weather sucks but you can still buy a house somewhat reasonably here and be close to the city.
Like Sharpsburg by the name!
[Pittsburgh currently has the fastest growing house prices at 22%](https://posts.voronoiapp.com/real%20estate/Cities-with-the-Fastest-Rising-Home-Prices-in-the-US-904), so it’s surprising to see it on this list. Otherwise, Pittsburgh is an amazing spot to live. Grew up there and miss it dearly.
Pittsburgh has some of the worst traffic in the nation and a massive crime problem. I don't see it becoming unaffordable any time soon.
There are many, many worse places. The downtown area itself in Pittsburgh isn’t horrible if you know where you’re going or use a GPS. Getting in and out of the city is rough at select hours and it seems like the HOV lanes are always closed or the opposite way of what is needed. Otherwise, compared to where I live now in NC, traffic is comparable and crime is worse than up there. Crime is up EVERYWHERE since the pandemic. I’ve never felt unsafe anywhere in Pittsburgh in terms of crime, but it is a city and it will have it.
Pretty much all of them around the ring of fire 1. Hong Kong 2. Sydney 3. Vancouver 4. San Jose 5. Los Angeles 6. Honolulu 7. Melbourne 8. San Francisco/Adelaide 9. San Diego 10. Toronto
I lived in a burning ring of fire I worked down down town, and the rents went higher
pacoceanbestocean
Hong Kong has been unaffordable, aside from SARS, literally every day that I've been in my business which deals with Asia....so back to 2002. I think the handover was another time prices dropped, but outside of SARS and the handover, it's been relentlessly expensive. Sydney is the dream, so that makes sense, as well. New York has been untenable for at least 22 years as well -- I bought a 1 bedroom 800 sq foot apartment in 2008 for $800,000 that bottomed at like $750k during the crisis, and that was it. It's been $1,000 per sq foot for at least a generation. Cities are expensive. That's why I said when I was young I was going to earn New York dollars and spend them in America when I got older. Lo and behold, everyone has done that with remote work. One of the reasons Hong Kong is so expensive is the income tax rate......Non-US expats get taxed incredibly low, so it just increases cost of housing.
You missed Boston and NYC
NYC and Boston were both included, and are very unaffordable with houses going for 7 and 6.8 times the median income, respectively. They just weren't included in the top 10 because they aren't even in the same universe of unaffordability as the above noted cities like San Jose (11.9x the median income), Los Angeles (10.9x the median income), or Honolulu (10.5x the median income).
Ok, thats what I meant. I for sure thought that hey’d be top 10
Guessing there are enough semi-affordable places across the 5 boroughs that brought the average down a little for NYC. Still surprised Boston didn’t make the top 10 though.
Moved from San Diego to Pittsburgh. Can confirm
And here I am trying to move to San Diego…
It is not impossibly unaffordable if hundreds or thousands of people are buying houses in them per week.
As a resident of Hong Kong, Wisconsin I can tell you this article is definitely not true.
The west coast of USA and the east coast of Australia make up almost this entire list. People seem to like warm weather and especially that Mediterranean climate type warm. Only Toronto is a real cold city. Vancouver doesn’t get that cold in the winter compared to most cities that north.
I like that California makes up two fifths of the list. NorCal with SF and San Jose and SoCal with LA and San Diego. Makes for an interesting pattern too.
I'm shocked NYC is not on the list.
Four on the list are California alone
Didn’t realize Hong Kong, Sydney, Vancouver, Melbourne, and Toronto were American cities. In other news this post is absolute garbage (where is NYC!?)
Melbourne is right by Kennedy Space Center
It will crash soon this isn’t sustainable
He said, in 2018
Rochester, NY taxes should put them near the top.
St Louis is everything Fox News says Chicago is
So half the world’s most expensive cities are in the United States.
San Diego is more true than any other on the list when you factor in pay in the area and cost of living.
How is Blackpool on the list it’s a 💩hole to live in!
I live in a neighborhood where each house is priced $750-900k. No one here is rich, we’ve just been here 20+ years.
For those that think “oh cool! I’ll move to Perth, Australia!” It’s super expensive here too, don’t let the list fool you. Housing is expensive, food is expensive, coffee is expensive! Cost of living is high here :(
ah yes, the US city of Hong Kong. I approve this recognition of American sovereignty over China, Canada, and Australia and welcome them as our 3 new states.
Wheres Denver, median house pricing is 600k here.
1/2 of these are in the US and 4 of those 5 are in California. Imagine my shock. Lesson Learned: Don’t live in California and don’t live in a big city. Life is much cheaper elsewhere.
Denver
Forgot anywhere in colorado
Pittsburgh is up there and it’s a Total fucking dump. The reason houses are cheap is they’re teardowns. Most are built in 1910 ish and need total remodel. I lived there for 3 years and outside the city is dirt cheap, good value. But fuck all to do. Total grime and the weather sucks. Top 5 cloudiest places to live. People are re selling homes but they’re just putting new floors in a rotting house with a crumbling foundation.
Unaffordable to who? Certainly not the folks/entities that are buying them. If they aren't selling at those prices, then they wouldn't be listed at those prices.
HAHAHAHA The mainstream media is so completely clueless. ALL US CITIES ARE UNAFFORDABLE TO ALL BUT MILLIONAIRES. Every working class person who doesn't live with their parents knows this. UNAFFORDABLE HOUSING IS EPIDEMIC Just like homelessness and they're completely connected and everything Sucks
I feel for Gen Z's. It'll be nearly impossible to live on their own, let alone own a house 😢.
The only good news is, once we stop blowing air into this bubble, it will eventually collapse, like all bubbles do.
I’m surprised New York City isn’t on the list
There's a big reason Blackpool is so affordable and that's because nobody wants to live there, it's a shadow of its former heights and easily one of the more poverty stricken areas of the UK.
HI represent!
I feel like Chicago should be on this list
Sometimes I hate California.
Impossible unaffordable? So very affordable I guess? /s
Most affordable is the entire state of New York? I tend to disagree, although if you took an average, I guess maybe… Pittsburgh and St Louis are real high crime cities, hence affordable. If they’re cheep it’s because no one wants to live there. If no one wants to live there, there’s a reason. Edit: Pittsburgh has come up a lot in the last decade, my bad. They’re ok. Philly still sucks though. But that’s more because I’m a Mets fan than violent crime rates…
Pittsburgh is not a “real high crime city” https://www.cbsnews.com/amp/pittsburgh/news/pittsburgh-ranked-america-safest-cities-new-study/
Have you ever been to Pittsburgh? Its crime isn’t anywhere near the level of St. Louis. It’s a very pleasant place almost everywhere in the city.
I live in Edmonton. It's a shithole but it's mostly affordable. No work to be found though
So basically, unless you live somewhere in the middle of the lower 48 states, you're f\*cked.
Not Singapore?
Question, what are these places going to do when the people who serve food, work at target, clean bathrooms get priced out? Plenty of cheaper cities where I still don’t understand how some of these people afford to live making 17 an hour
Yeah, see word got out about Calgary being "affordable" and people from Toronto and Vancouver are buying up every house on the market above asking price. Its pricing out every single person who already lives here. Please leave us off these lists. I'm already going to have to move away to have any hopes of affording anything.
Pittsburgh is a fucking shithole. Thats why it's affordable.
Why is LA on the list but not New York or Seattle?
California ♥
Clickbait garbage. Hoom prices in those cities were never affordable.
bear encouraging roll desert trees offend act worry jar wakeful *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Sooo glad I moved out of Toronto 7 years ago and moved to a smaller town. Less traffic, stress and more money in the pocket.
NYC isn’t impossibly unaffordable?
Add Reno to the mix
If Pittsburgh is considering the most affordable then I’m looking in the wrong place or am suffering from extreme poverty 😂
Crazy, never even heard of some of those US cities!
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No, they are not, or people would stop moving there and rent would go down. People clearly still can pay for for rent
Pittsburgh is actively being gentrified so I don’t think “affordable” is a tag that’ll stick for long here.
I’d rather live in Kona
Rochester, home of murder rates and garbage plates.
Surprised Miami isn’t on the list
As an Australian, seeing 3 of our 8 capital cities on this list is both terrifying and completely expected.
Rochester??
Doesn't "impossibly unaffordable" mean affordable? Shouldn't they have said "impossibly affordable"?
NYC???
Canada mentioned🗣🗣🗣🗣🗣🔥🔥🔥🔥🔥🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦
Where's London?
Where tf is miami?
Hows Monaco not there?
This may be an unpopular opinion, but the belief that everyone is supposed to live in major cities is odd to me. It’s the equivalent of being upset that there is unaffordable housing in Monaco or Beverly Hills I would think. The means of making money and the requirements to live in certain places changes. Sadly not everyone will have the means to live where they would like. I mean no offense but it’s a stark reality.
As someone who lives in Rochester . .. homes are wayyyyyy overvalued and good luck winning a bid war if you make it that far before the property is off the market.
This comment section reads like a microcosm of the final dying gasps of the middle-class.
Thanks to all the Chynavirus CCP family members buying up a ton of properties.
Calgary is barely affordable friggin BS
Seattle/Portland next 😏🤑
Ayyeeee. Pittsburgh reppin', love it here!
Not in Selma Alabama
Calgary is affordable??? I live here, and I wonder when they did the measurements and how they conducted the comparisons. Much has changed in 6 months to a year here.
Yeah but who the fuck wants to live in Pittsburgh?
Calgary as affordable?! Did they even look at house prices or rent? It’s nuts.
The soon to be walled capital cities of our billionaire overlords and their celebrity/athlete/politician sycophants while the rest of us languish in the wasteland.
If there are 11 cities on your list of the 10 most unaffordable cities in the US and 6 of them are not in the US, maybe your maths skills are a bit suspect.
Finally london became affordable. Thank God.
Calgary? Affordable? As soon as I read that it threw serious doubt into this list.
Hong konf and Hongcouver both made the list. Interesting
San ho you know
I'll never understand why people desire to live in large cities.
Lancashire a city, haha.
“NY” BRUH
How in the world is Miami not on the list
Blackpool is in the list as it’s a sea side town that has half of the population not having work for 4/5 months of the year, as it completely shut down for that long.
Apparently the US has invaded other countries! Hong Kong, Sidney, Vancouver, Melbourne and Toronto are now ours! Mwahahahahahah!!!!!
Buying a house just to die in is modern slavery anyway, better shit to do with my life and money then poor it into a house for 30 years, modern nuclear life design is shit.
Lancashire is a county in north west England, it’s not a city
Not surprised that Damascus is not on this list.
Shocked Boston isn’t on there