Sure, housing is expensive in these top 10 cities, but what's driving the cost of living in many of these places through the roof is a lack of job growth and competitive salaries.
Forbes Magazine recently released this list of the most overpriced places in America, and while there are some expected top-place finishers like New York, San Francisco, San Jose and Los Angeles, the title of the "most overpriced place in America" goes to a seemingly unlikely source.
Much to blame for making these places so overpriced is a serious lack of job growth and an ever-increasing cost-of-living. However, salaries remain high in some of the list's top-ranked cities. But with even higher cost-of-living expenses, many in the middle- and lower-classes can't keep up.
"San Jose, San Francisco and New York are all repeat offenders, having landed on our list for four consecutive years. Because we've improved our methodology this year, it's difficult to make a direct comparison with prior lists."
"But we do know that the three metros rank poorly in everything except the average salary ranking, where they place first, second and third, respectively. Many would argue that such places offer tremendous lifestyle benefits -- among them, high culture and active nightlife. But such things are hard to afford -- much less enjoy -- when basic living costs are so high. While there is no dearth of wealth in those areas, ordinary folk may be squeezed."
Also, for those tired of hearing about places they can't afford to live, check out the picture slideshow, "150 Cheap Places to Live Rich."
FULL STORY: The 10 most overpriced places in the United States

Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?

Americans May Be Stuck — But Why?
Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?

Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

Updating LA’s Tree Rules Could Bring More Shade to Underserved Neighborhoods
A new USC study finds that relaxing Los Angeles’ outdated tree planting guidelines could significantly expand urban tree canopy and reduce shade disparities in lower-income neighborhoods, though infrastructure investments are also needed.

California's Canal Solar Projects Aim to Conserve Resources and Expand Clean Energy
California’s Project Nexus has begun generating electricity from solar panels installed over irrigation canals, with researchers and state agencies exploring statewide expansion to conserve water and boost clean energy production.

HHS Staff Cuts Gut Energy Assistance Program
The full staff of a federal program that distributes heating and cooling assistance for low-income families was laid off, jeopardizing the program’s operations.
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