In 2012 (10 years ago), you just needed $53,780 income / year to buy a house in Los Angeles.
Now, in year 2022, your income should be more than $130,000 / year to buy a house.
Although housing affordability is getting worse, housing market is still strong!
The question is "How long will it last?"
using affordability chart posted by California Association of Realtors.
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