Which real estate market is the most expensive?
As America’s housing market continues to tighten, some of the most lucrative real estate markets in the country are in states that voted heavily to deny President Donald Trump the ability to build and sell their homes.
The top 10 most expensive markets in America are listed below.
As of April 19, Trump has had five months to get his dream home built in order to secure his dream of becoming President.
In Pennsylvania, Trump won the popular vote by nearly 3 million votes, but his victory margin is nearly 3.5 million votes.
In Texas, Trump defeated Democrat Hillary Clinton by 2.9 million votes but won the statewide popular vote with less than half that.
On the other hand, California, home to some of America’s most liberal communities, was Trump’s top choice to become president.
In the state’s California state senate, the pro-Trump, pro-immigrant, and anti-immigration Proposition 187 passed in 2016, which required all voters to show a California driver’s license.
Prop 187 also required people to show their California citizenship cards.
According to The Los Angeles Times, Prop 187’s “high cost” made California the second most expensive state to buy a home in the nation, behind only Florida.
187’s high cost made California more expensive to own than Texas, and more expensive than Vermont, which was the most affordable state.
The Los Angeles Business Journal estimated the cost of a home purchase in California in 2016 at $2.3 million.
“It’s not fair, it’s not right,” said David Cone, the owner of Cone’s Real Estate Agency, a real estate brokerage.
“It’s the wrong way to go about it.
It’s the most unfair way to do business.
The market is not fair to them.”