California a first-time homebuyer’s nightmare

California a first-time homebuyer’s nightmare

4 years ago
Anonymous $RGO3jP_V_c

https://www.siliconvalley.com/2020/12/02/home-inventory-tightened-in-q3-and-first-time-buyers-felt-the-squeeze/

How hard is it for a first-time house hunter to succeed in the Golden State?

Well, five metros in California topped the list of the areas most out of reach: Los Angeles-Orange County, where homes were 12.1 times the median first-time buyer income, followed by San Diego (8.6), San Jose (7.9), San Francisco (7.4) and Sacramento (6.8).