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How much do you need to earn annually to afford a house in Los Angeles?

Por: Los Angeles Times Nation December 02, 2022

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The annual income needed to buy a home in Los Angeles skyrocketed past $220,000, a recent study found, with higher mortgage rates and inflation cutting deeper into household incomes. That means the ability to own a home is a goal inching further and further away from more families and households in Los Angeles, where the median annual household income in 2020 was just over $65,000. According to the residential real estate firm Redfin, the yearly... + full article



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