Friday, September 5, 2014

There Was Another Report Issued Today: "The BLS digs into the cost of housing"

From FT Alpahaville:
We understand if you missed it given all the focus given to another report published on Friday by the US Bureau of Labor Statistics, but we want to call your attention to a new BLS study on housing costs.
The most expensive metro area isn’t New York or San Francisco but Washington, DC — after comprehensively counting the costs of utilities and other services besides the raw amount of money spent on rent or a mortgage. Meanwhile, it costs more to live in Detroit than in Miami!
(Note that these data are slightly out of date, so it is possible that the rank order may now be different.)
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