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Affordable Housing

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Roughly two-thirds of Californians can’t afford to buy a home 

Aug 11, 2016By

California’s affordability crisis continues to plague the state, pricing more and more would-be homeowners out of the market. How could they buy a home though? Homebuyers need to earn a minimum annual income of $100K to qualify for the median-priced, existing single-family home in the state. Think that’s steep? It only gets more outrageous in the latest data from the California Association of Realtors.