How many places does this really affect? I see people in California complaining about it constantly. It is certainly not a problem where I live. Take a look at

How many places does this really affect? I see people in California complaining about it constantly. It is certainly not a problem where I live. Take a look at the NAR's housing affordability index[1]. Basically 100 means the median family income is exactly enough to quality for a mortgage on the median home price, higher is better. If you look at the HAI by metro area there are a very small number of places where the index is below 100, and almost all of them are in CA. The vast majority of cities seem to have reasonably affordable housing. [1] https://www.nar.realtor/research-and-statistics/housing-statistics/housing-affordability-index https://www.nar.realtor/research-and-statistics/housing-stat...