Updated 4 years ago
Housing costs hit these cities hard
By Devin Banerjee, Editor at LinkedIn NewsUpdated 4 years ago
Migration is slowing to regions such as the San Francisco Bay Area, Seattle and Miami-Ft. Lauderdale, where housing costs as a percentage of income are among the highest in the U.S., according to new data from LinkedIn's Economic Graph and Zillow. The areas attracting talent at a faster clip? Minneapolis-St. Paul, Phoenix and Philadelphia, where housing costs as a percentage of income are among the lowest in the country. Boston stands out for gaining in popularity among workers while also featuring a steep cost of living, according to the data.
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