Friday, October 19, 2012

Why It Can Be More Affordable to Live in an ?Expensive? City

So, how did Washington, D.C. — widely perceived as one of the most expensive cities in the country — end up topping a ?most affordable? housing list?
First and most importantly, adjust for average income levels. Then, factor in transportation costs. Using that formula, the D.C. region is tops among 25 American metro areas in a [...]

Patrick Gaillard Divina Galica

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