I heard a feature on the radio this morning that mentioned that Austin had the highest percentage of million-dollar homes in Texas. It could be worse (or better), of course. San Jose, CA has a median home price of over a million. This may explain how I know people who have lived in the same apartment there for 25 years. The article was about the whole US, and according to research by LendingTree, the most cities with a high percentage of homes over a million dollars are in states along the coasts. Denver and Phoenix are exceptions.
I got a chuckle out of the article in some ways. It was sort of like a “don’t move here if you want affordable housing” list. It was also a “Sue Ann will avoid these crowded cities” list, but that’s just me. Basically, in much of the US, a house doesn’t have to be a mansion to be “worth” a million dollars anymore. Wow.