10 expensive cities where salaries are rising faster than housing costs (via CNBCMakeIt)
Wages in the United States have been mostly stagnant over the past few decades, according to a study from the Pew Research Center. And since 1999, incomes for middle class families, specifically, have actually shrunk in all but two states, another study found.Still, there are some cities where incomes are rising faster than housing costs. To determine exactly where, financial website Magnify Money used data from the U.S.
In fact,"famously-expensive metros" such as San Francisco and San Jose, California,"saw the biggest jumps in the gap between income and housing costs."
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