$218,000 income needed to buy a California home, up 82% since 2019
The annual income required to purchase a typical California house has nearly doubled over the past five years.To see how homebuying burdens have multiplied, my trusty spreadsheet compared the California Association of Realtors’ homebuying affordability report for the first quarter of 2025 with the f
San Diego rents falling in some areas
San Diego average rents are essentially flat, or dropping in some cases, as the apartment construction boom continues.Average rent in San Diego County in early May was $2,520 a month, rising 0.3% over the past year, said real estate tracker Costar. That was lower than the nationwide increase of 1.1%
Fix California? It’s cheap housing, good job opportunities
California’s population is blossoming in places where the lifestyle appeals to a younger, cost-conscious, family-oriented audience.It’s not rocket science. Let me explain by starting with the latest population tally from the state Department of Finance. It shows California with 39.5 million resident
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