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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.

 
 

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