WEATHER »

Santa Barbara Named One of “Ten Pricey Cities That Pay Off”

Earns Praise from U.S. News for High Quality of Life, Trade Productivity


Surrounded by a slow market of newly low-priced homes, courtesy of the housing downturn, some cities continue to maintain a housing market with land remaining expensive. In an article on usnews.com, Santa Barbara was placed on the list of “10 Pricey Cities That Pay Off.” Joining Santa Barbara in the list of 10 are Boston; Honolulu; Los Angeles; New York City; San Diego; San Francisco; San Luis Obispo; Salinas, California; and Naples, Florida.

In his assessments, University of Michigan economist David Albouy examined both the quality of life, and the trade productivity found in the cities.

The value of a home is based on much more than the cost of the house itself; the quality of life - including weather, distance from the coast, recreational opportunities nearby - proves crucial in the evaluation of a property’s net worth. In addition, cities with more business opportunities or available resources are considered to have a better trade productivity - something that significantly affects certain career options.

The Santa Barbara metro area was found to have the second-highest quality of life, and the third-highest trade productivity.

Susannah Lopez is an Independent intern.

To submit a comment on this article, email letters@independent.com or visit our Facebook page. To submit information to a reporter, email tips@independent.com.



event calendar sponsored by:

Morning Train Runs On Time and Roomy

Twelve weeks after start of commuter service, train is less than half full.

Alleged Butane Honey Oil Dealer Arrested

Dylan Sulit-Swalley was paroled from Pelican Bay State Prison last year.

Crying Children Audibly Illustrate Border Crisis

Inhumane separation of families protested by everyone from Melania Trump to Xavier Becerra.

Two Injured in Alleged DUI Collision

Pedestrians, ages 91 and 50, were walking near Linden Avenue at Ninth Street in Carpinteria.

Carpinterians Gather to Protest Border Policy

'Families are the building block of our entire society,' said Carpinteria Mayor Fred Shaw.