Just how far out of reach is this giant real estate bubble putting the American dream of owning a house?
Take a look at these 10 metro areas in the U.S., ranked by the percentage of households that are cost-burdened by renting or owning houses. This means households must spend over 30% of their income on housing.
All of the metro areas included here also rank in U.S. News & World Report’s Top 20 Most Desirable Cities.
With a real estate bubble this inflated, a painful housing correction is due to hit. Find out what areas of the country will fall the hardest in the infographic below!