But when it comes to affordability, or lack thereof, not all cities are created equal.
In a recent study, Creditnews Research ranked the most populous U.S. cities by the percentage of neighborhoods financially within reach for the average married couple.
To create its ranking, Creditnews used median income for married households in order to determine the percentage of unaffordable neighborhoods.
Of the 10 cities with the most unaffordable neighborhoods, four are in California.
Two cities in the Golden State, Los Angeles and San Jose, were found to be 100% unaffordable for the average married couple household.
Persons:
Creditnews, Sam Bourgi
Organizations:
Creditnews Research, Golden State, CNBC
Locations:
U.S, California, Golden, Los Angeles, San Jose