Relevant:
2009-05-15 — housingwire.com
"Housing affordability among first-time Californian home buyers in Q109 improved more than 20 percentage points from the year-ago period, according to survey results released Thursday by the California Association of Realtors (CAR)."
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Comments:
bgamall at 03:25 2009-05-18 said:
CAR is a joke. Who wants to pay a 1200 dollar mortgage with only a 38k yearly income? And what about all the added secret expenses? It is a joke I tell you. With the cost of gas likely to skyrocket, the costs of all commodities to go up it is likely that only a foolish person would risk buying a house that expensive on so little income. No one would be so stupid in the midwest or south. Wake up buyers. Rent and invest the rest! Permalinkadd a comment | go to forum thread
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