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March 9, 2018

Best and worst places to find affordable housing

By HOLDEN LEWIS
NerdWallet

Whether you can afford a home depends — a lot — on the city you want to call home. A modest income can go a long way in Cumberland, Maryland, the metropolitan area with the nation's most affordable houses. In contrast, the least affordable homes are in the San Jose, California, metropolitan area — the center of Silicon Valley.

In Cumberland, a median-priced house costs less than two years' median household income. By contrast, the typical home in San Jose costs about 10 years of household income.


 
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