Housing Affordability

According to a quora post, 18% of SC County households make over 200k. His calculations with 33% of gross income and 20% down, 30 year, 4% supports 976k. 5% average 529k a year supporting 2.6M.

https://www.quora.com/Is-the-housing-market-in-the-Bay-Area-at-its-peak-right-now

Average MV-LA teacher salary is over 120k.

Don’t only 2% of homes sell a year? As long as that few homes are listed for sale, then prices are going to increase.

I agree, with @marcus335. The prices will definitely be increasing.