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

LA-OC home prices 10 times greater than incomes, report finds

Paywall removed: https://archive.is/eyxeJ
An Orange County homebuyer with a 3.5% down payment would have to earn just over $420,000 a year to afford payments for a median priced home.
Only 10 times higher?
Come to Adelaide, South Australia, where it's ~15x the median wage!
For the working class it's closer to 20-25x higher...
Sucks to be poor... Or something