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Housing in Denver is “seriously unaffordable,” among worst in nation, study finds

Not that people need another reminder, but Denver ranks among the North American cities that are “seriously unaffordable,” according to a new report from Point2Homes, a real estate search portal.

Point2Homes divided the median home price by the median family income in 54 large cities in Canada, Mexico and the United States. Denver’s affordability ratio of 6.6 was the 14th highest in the United States and 18th highest in North America.

Among the areas with an affordability ratio similar to Denver’s were Dallas, the Bronx borough of New York and Portland, Ore.

The undisputed leader when it came to a lack of affordability was Vancouver at 17.3. That was worse than Manhattan, San Francisco, Brooklyn, Los Angeles, Boston and San Jose, Calif.

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