Real estate agents, those selling homes and snobs will rejoice that Boston has the fifth highest median housing prices in the United States; behind San Francisco, San Diego, Los Angeles and New York City.
At least that is what I learned last Wednesday when I was reading The Boston Globe. Analysts with HSH.com apparently calculated how much buyers would need to earn to afford the principal and interest payment on a median-priced home in their market.
While I am happy that property in Boston is so valuable, providing more affordable housing is something I think is essential to this city.
What are your thoughts?