The Three Least Affordable Housing Markets in America

In 66 cities across America, homeowners must now spend over 30% of their annual income on their home. In the 25 most unaffordable markets, that number climbs to over 40% of your annual pay just to pay for your home. But where is the worst of the worst, the three least affordable housing markets in America? Well, Realty Hop has some, I think surprises. The third least affordable market is Newark, New Jersey; you'd need to set aside 72% of your income just to own a home. And coming up, can downtown ghost town be resurrected into boom town? It's minding there, and President Joe Hopeful, Francis Suarez gives you his plan to try