Housing prices were a major factor in determining this year's list, ranging from Seattle to Los Angeles.
"To determine the ten most overpriced places in the country, we started with the 150 cities examined in Forbes 2005 list of the Best Places for Business and Careers. They were ranked from 1 to 150, with 150 being the worst. We extracted the rankings for job growth, income growth and cost of living (which includes the cost of housing, utilities, transportation and other expenditures), then added to the mix a housing affordability index from research firm Economy.com."
Thanks to Brenda Meyer
FULL STORY: Most Overpriced Places in the U.S. 2005
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