Can't afford to buy a home in the Bay Area? You have some famous company

A recent housing affordability index produced by the California Association of Realtors brought more bad news for future home buyers: An annual income of at least $179,390 is now required to purchase a median priced home in the nine-county Bay Area. It's not just average citizens who are feeling the squeeze though. Constituents of local, state and national politicians may be surprised to find out the annual base salary paid to their representatives wouldn't technically qualify them to purchase a…

from DIYS http://ift.tt/2zjJHEp