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San Diego is Number 1!!!!!!!!!!!!

Discussion in 'The Lounge' started by SDRaiderH8er, May 11, 2007.

  1. SDRaiderH8er

    SDRaiderH8er Well-Known Member

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    http://promo.realestate.yahoo.com/Americas_Most_Overpriced_Real_Estate_Markets.html

    America's Most Overpriced Real Estate Markets


    No matter the locale, its denizens almost always gripe about the stiff cost of living, housing and doing business. But in some places the financial pain is clearly more acute than others.

    Take San Diego. A slumping housing market, where only 5% of residents can afford the median home, and a high price-to-earnings ratio made the oceanfront city our most overpriced real estate market. Had weather been included as a statistical measurement, there's no doubt San Diego would have avoided our list of top 10 most overpriced cities--but we didn't factor in sunshine.

    Arriving at the relative value of a given market isn't as simple as calculating median home prices, income rates and cost of living. Instead, our list of most overpriced real estate markets incorporates a more meaningful methodology.
     
  2. Tha rock

    Tha rock BoltTalker

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    Usually its places in california or oter big city's.
     
  3. Carlsbad_Bolt_Fan

    Carlsbad_Bolt_Fan Well-Known Member

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    Yep, and I've got the property tax bills to prove it. :icon_eek:
     
  4. Ride The Lightning

    Ride The Lightning Join the Dark Side, we have cookies.

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    In other shocking news, today scientists discovered that the world is round.

    *cries as he pays his mortgage*
     
  5. BoltsFanUK

    BoltsFanUK Well-Known Member

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    :icon_rofl: :icon_rofl:
     

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