On average, home buyers in California cities like Los Angeles, San Diego and San Francisco make larger down payments than buyers in other markets across the U.S. And when you factor in
the relatively high housing costs in the Golden State, this initial investment can seem like quite a hurdle.
On average, home buyers in California cities like Los Angeles, San Diego and San Francisco make larger down payments than buyers in other markets across the U.S. And when you factor in
the relatively high housing costs in the Golden State, this initial investment can seem like quite a hurdle.
Not exact matches
Wolf posits several possible explanations — the
relatively high cost of childcare in the United States,
higher participation rates for older workers relative to Europe, and the lack of affordable
housing in the most economically vibrant cities in the United States.
At one extreme, some places with low
housing costs might appear to be very affordable, but incomes might also be much lower than elsewhere; at the other extreme, some places that appear to be extremely expensive when looking at prices, might be more manageable as a result of
relatively high wages and salaries.
Inflation in the non-traded sector of the economy remains
relatively high, at over 4 per cent, reflecting the overall strength of the domestic economy, strong demand conditions in the
housing sector and continuing
cost pressures in some service industries.
Once you have bought your
house, it becomes
relatively challenging to pack up and move on a whim because there are many steps to the process, and the
costs involved can be quite
high.
The
high cost of
housing, long work hours, and
relatively high crime rate earned Killeen the # 1 spot as the most stressful city in Texas.
Some of the things we like about this quiet little city include the
high population of families with children, the
relatively low
housing costs and the fact that nearly 90 % of residents have lived in the area for at least a year.
In areas of the country where
housing costs are
relatively high, many individuals looking to purchase a home could not, as the old FHA loan limits were below the median
house prices.
In Canada building energy standards are lower than in many parts of Europe, and it is
relatively difficult to source
high quality components here, so the incremental
cost of building a Passive
House would typically be 10 %, assuming that the builder has some experience and training in this type of construction.
For instance, ground source heat pumps tend to have
higher efficiencies than air source units during the heating season due to the relative stability of ground temperatures below certain depths, though air source units — which involve much lower capital
costs — have closed the gap in recent years as manufacturers have refined their design, and there is evidence to indicate that space heating demand in many Irish buildings may be peaking in Ireland's frequently
relatively mild but windy weather, as the guide to air source heat pumps in Issue 24 of Passive
House Plus discussed.
Though the
cost of living is
relatively low throughout Oklahoma, insurance quotes are
higher than normal when taking out a policy on a
house.
Seattle continues to draw residents in droves, despite having the
highest housing costs, both for owners and renters, of the top 10 — and at a time when most markets are plagued by too -
high rents, Las Vegas remains
relatively affordable.
For example, lending on affordable
housing properties or small apartment properties «may not be practical due to the
high cost,
relatively low profitability and difficulties with securitization.»
«Canada's
housing market in 2008 should continue to thrive on a balanced diet of strong economic fundamentals, including
high levels of employment, resilient consumer confidence, modest levels of inflation and the
relatively low
cost of borrowing money,» says Phil Soper, president and chief executive of Royal LePage Real Estate Services.
Development
costs are now too
high for builders to create new apartments with
relatively low rents without help from the government's affordable
housing programs, and those programs have limits on how much new
housing they can afford to build.