Results tagged “forbes”

According to yet another ranking list in Forbes magazine, San Francisco came in at #18 as America's most overpriced city. Surprised at ranking so low? We were. This most recent survey based their data on earnings potential and living expenses in the 50 largest U.S. metro areas. Ranked by average salary for workers with "a bachelor's degree or higher, annual unemployment statistics, cost of living and the Housing Opportunity Index," our sister city to the south, Los Angeles, came in at #1. Rounding out the top five are #2, Chicago, Ill.; #3, Miami, Fla.; #4, New York, N.Y.; and #5, Providence, R.I.

Stockton wins it. Using nine factors (i.e., commute times, corruption, professional sports teams, Superfund sites, taxes, unemployment, violent crime and weather) to determine the crappiness of 150 of the country's largest metropolitan areas, Stockton, CA, ranked no. 1 when it comes to woeful living. According to Forbes, "only 15% of Stockton adults have a college degree, which is one of the lowest rates in the U.S." But wait, there's more, "unemployment is expected to hit 15% in 2010, while housing prices should keep falling back to their mid-1990s level when the median home price was $130,000." Not to be outdone, Modesto came in just under medal contention at 5th place. San Joaquin County's Stockton is also known for its agriculture and meth production.

Barf. San Francisco makes yet another one those vile quality-of-life top-ten lists. This time, it seems, we come in at No. 8 as one of the Best Places to Buy a Home, at least according to . What? Anyway, the article goes on to claim that "[w]hile housing certainly isn't cheap in the City by the Bay, it is definitely in demand and continues to appreciate. For a buyer, San Francisco offers a culturally rich and beautiful city that is chock full of opportunity." Again, barf. Second verse same as the first: not many can afford to buy here. And with strange, foreign, mythical lands making the same list -- Charlotte, N.C.? Jacksonville, Fla.? St. Louis, Mo.? -- what Forbes editor allowed San Francisco on this list? Frustrating. (via Curbed)

Forbes annual list of billionaires around the world came out today. Jealous? And for the first time in 14 years Warren Buffett (at $62 billion) snatched the number one spot from Bill Gates (who came in at a dismal $58 billion.) This post was created using Explorer, not Firefox, in condolence.