You have to make $134,000 per year to buy a house in Los Angeles.

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.

0 comments

Recent Posts

See All

2022 California Conforming Loan Limit $647,200 for One-Unit $828,700 for Two-Unit $1,001,650 for Three-Unit $1,244,850 for Four-Unit For High-Coast Area (Los Angeles & Orange County), its conforming l