Mike Sunnucks | Phoenix Business Journal
A new report on how much it costs across the U.S. to afford a house and mortgage shows real estate costs in Los Angeles and San Diego are double and San Francisco more than triple than in Phoenix.
That shows a lot about wages and cost of living in Arizona and California.
It could also be another argument for Arizona economic developers, site selectors and real estate brokers trying to lure jobs, businesses and transplants out of California markets.