For the very wealthy all-cash buyer or someone who can easily qualify for a mortgage, location can be an extremely easy decision!
But for the other 90%+ of Americans who may fall somewhere below these two categories, so-called ‘average’ wage earners, the affordability factor in the rent vs buy decision or when choosing a potential homes location can be very real and extremely daunting!
From an article at BuzzBuzzHome News ‘the 10 most (and least) affordable US housing markets for average earners’!
Michael Haltman is President of Hallmark Abstract Service in New York. He can be reached at mhaltman@hallmarkabstractllc.com.
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