Los Angeles-Orange County home prices 10 times greater than incomes, report finds

Sucks to be poor... Or something

A lot of foreign investors are just parking their money in empty homes here.

The boomer die off is coming - when that generation starts to really drop like flies we'll see millennials offloading property and a likely deflation of the market. The issue right now is that boomers are making so much money off their properties that many of them own multiple homes and a fair few have dozens of rental properties.

The danger is that corporate landlords start scooping up the estate sales.