Paywall removed: https://archive.is/eyxeJ

An Orange County homebuyer with a 3.5% down payment would have to earn just over $420,000 a year to afford payments for a median priced home.

  • ms.lane@lemmy.world
    link
    fedilink
    English
    arrow-up
    10
    ·
    2 months ago

    Only 10 times higher?

    Come to Adelaide, South Australia, where it’s ~15x the median wage!

    For the working class it’s closer to 20-25x higher…