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Los Angeles has been ranked last in home affordability and homebuilding among the 100 largest U.S. metropolitan areas, receiving an 'F' on Realtor.com's report card. The typical home price significantly exceeds the median household income, leading to unaffordable mortgage payments for average earners. Other California cities also ranked poorly, while Des Moines, Iowa, topped the list for affordability.
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Los Angeles has been ranked last in home affordability and homebuilding among the 100 largest U.S. metropolitan areas, receiving an 'F' on Realtor.com's report card. The typical home price significantly exceeds the median household income, leading to unaffordable mortgage payments for average earners. Other California cities also ranked poorly, while Des Moines, Iowa, topped the list for affordability.
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LA is the worst place in America to buy a home – scoring an ‘F’ on a new report card
Los Angeles Ranked Last in Home Affordability and Homebuilding