Going through foreclosures, Perry Laspina of Jacksonville, divorcee Florida ended up with a home virtually without spending a dime after his mortgage lender was shut down by mum or dad firm Wells Fargo, AOL Actual Property studies. And Delhi’s suburbs—Gurgaon, Noida, Ghaziabad, Higher Noida and Faridabad—remain the worst for investing in new houses.

Oops, you haven’t chosen any newsletters. After getting his PhD, Saiz was hired in 2003 as an assistant professor at the University of Pennsylvania’s Wharton School