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affordability ..the real figures...

geoffky · 2011-04-04 17:36:28

This blows the fools view that we still had affordability levels that were low even at the hight of the market out of the water..hamish take note. http://viableopposition.blogspot.com/2011/02/demographia-international-housing.html

Comments

HAMISH_MCTAVISH Posts: 28,592 Forumite

4 April 2011 at 6:25PM

FATBALLZ wrote: »

I suspect the comment someone has made about demographics of the cheaper American cities probably has some truth in it, and points towards those areas being less desirable to those with the money to pay for better places.

The top ten most affordable are pretty much all the American cities hit hardest by the recession, and/or a long term trend of economic and population decline.

Places like Detroit....

“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
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