Tuesday, November 01, 2005

Welcome to California. Please go home.

Finally, LA gets it's version of Curbed, the blog for everyone obsessed with urban planning and real estate. But isn't real estate shallow? Well, today there was a story on NPR about how the average family in LA, making about 54 grand a year, actually needs to pull down about 117 thousand to buy the average, repeat average, LA house, which will set you back $545,000. It's not shallow, it's a survival technique.


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