The most affordable housing in the world found in New York
New York City is known for its high cost of living, but outside the five boroughs, the state has one of the most affordable housing markets in the world.
New research suggests that 4 from 50 is the most accessible housing market in the world in New York, and 8 from 100 is located in three states (New York, New Jersey and Connecticut).
Utica, New York, ranks second in affordability in the study. The average price of a house in 2,1 times the average income.
Syracuse, New York, turned out to be on the 10 site for availability with an 2,4 ratio.
Rochester, NY, turned out to be the most affordable housing market in the world and one of 20 with the cheapest prices in general. Moreover, the average price of housing in 2,6 times the average income.
Buffalo was on 33-th place in the list, where the average price for housing is slightly less than 3 times the average income.
Atlantic City was the only city in New Jersey that was on 100’s list of the most affordable housing markets in the world. The average housing price in 3,3 times the average income.
New Haven, Connecticut, also hit the top 100 for housing affordability.
Hartford, Connecticut, was also named one of the most accessible places to live in three states.
New London is the third city of Connecticut, which hit the 100 with the best availability.
Recall that the New York City Housing Development Corporation (HDC) опубликовала a list of housing lotteries, where applications for vacant apartments are currently being received.
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