[2banana]

Take West Nyack, N.Y., this year's best affordable New York City suburb. About a 30-minute drive from Manhattan, West Nyack is one of five villages and hamlets that make up an area on the western bank of the Hudson River known as "The Nyacks." The neighborhood, which has a median home price of $605,700 (vs. New York City's $963,700), is perhaps known best as the location of Palisades Center, the largest shopping mall in the New York metropolitan area.

$605,000 is AFFORDABLE? What kind of crack is this?

[goldstategop]

"Affordable" in this category would be for a two earner upper income household with cash to spare. They would beyond the reach, at that price segment, of the vast majority of people in the country. The national median is $55,000 a year for a two earner household.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

[RockinRight]

Sick thing is, you can't get anything for much under 300k at all in those markets. Even in bad areas.

[angcat]

Unbelievable you have to be rich to live in Nyack. And it is not such a hot place either anymore.

[Mr. Jeeves]

$605,000 is AFFORDABLE? What kind of crack is this?

In the Bay Area, you would have a lot of crack in your neighborhood at that price. ;)

[pepperdog]

Why do I think that Business Week is a bit weak in the realm of the average family's financial situation?