The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (1256)	1/1/2002 11:12:54 AM
From: MulhollandDrive	Read Replies (2) of 306849

California should have it's own affordability index.... The WEST is very misleading, as it includes states like Utah, New Mexico, Arizona, Idaho, etc. 2 years ago I checked the median income level in California and it was approximately $49k while the median price of a home was well over $250K. Based on those numbers the "average" worker cannot afford an "average" home in CA.

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