These Are The US Cities Where No One Can Afford A Large Home An April 2026 housing report by Highland Cabinetry highlights a growing affordability crisis across major American cities, revealing that the true cost of housing goes beyond total price and is better understood through the lens of cost per square foot. By analyzing home prices, rental costs, and average property sizes across 40 large ci...
These Are The US Cities Where No One Can Afford A Large Home An April 2026 housing report by Highland Cabinetry highlights a growing affordability crisis across major American cities, revealing that the true cost of housing goes beyond total price and is better understood through the lens of cost per square foot. By analyzing home prices, rental costs, and average property sizes across 40 large cities, the study shows where Americans are paying the most for the least amount of living space. This approach offers a clearer picture of value, emphasizing how much space residents actually receive for their money rather than just the overall cost of buying or renting a home. At the center of this trend is San Francisco , which ranks as the most expensive housing market in the country for both buyers and renters. Homebuyers in the city pay more than $1,000 per square foot on average, with a typical home costing around $1.24 million for just over 1,100 square feet. Renters face similar challenges, with average monthly rents exceeding $3,500. Despite these high costs, the amount of space available remains limited, meaning residents often pay a premium for relatively small living areas. This imbalance between price and space has made San Francisco the clearest example of how housing value has eroded in dense urban markets. Just behind San Francisco is San Jose , which actually surpasses it in terms of price per square foot for homebuyers. In San Jose, the average cost exceeds $1,200 per square foot, pushing typical home prices to around $1.4 million. The rental market is similarly expensive, with monthly costs rivaling those in San Francisco. These high prices are largely driven by strong demand tied to the region’s technology sector, where high salaries continue to fuel competition for limited housing supply. As a result, even relatively modest homes command exceptionally high prices. On the East Coast, New York City presents a different kind of affordability challenge. Whil...
For the first time in its history – and in a striking departure from its long-standing doctrine of minimal economic intervention – Hong Kong is preparing to draw up a five-year plan. Chief Executive John Lee Ka-chiu has asked all policy bureaus to help draft proposals by the end of the year. To lead the exercise, veteran civil servant Janice Tse Siu-wah has come out of retirement. The Legislative ...
For the first time in its history – and in a striking departure from its long-standing doctrine of minimal economic intervention – Hong Kong is preparing to draw up a five-year plan. Chief Executive John Lee Ka-chiu has asked all policy bureaus to help draft proposals by the end of the year. To lead the exercise, veteran civil servant Janice Tse Siu-wah has come out of retirement. The Legislative Council, not to be left out, has formed a committee supported by six coordinating groups spanning...
Lawrence dealt in blockbuster draft-week trade Giants now hold the fifth and 10th picks overall Trade follows tackle’s push for a new contract The Cincinnati Bengals acquired three-time Pro Bowl defensive tackle Dexter Lawrence from the New York Giants for the 10th overall pick in next week’s NFL draft, two people with knowledge of the trade told the Associated Press on Saturday night. Both people...
Lawrence dealt in blockbuster draft-week trade Giants now hold the fifth and 10th picks overall Trade follows tackle’s push for a new contract The Cincinnati Bengals acquired three-time Pro Bowl defensive tackle Dexter Lawrence from the New York Giants for the 10th overall pick in next week’s NFL draft, two people with knowledge of the trade told the Associated Press on Saturday night. Both people spoke on condition of anonymity because the deal is pending a physical. Continue reading...