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Los Angeles Has The Highest Home Price-To-Income Ratio In The US
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Date: October 18th, 2024 12:56 PM Author: charismatic stag film https://www.zerohedge.com/personal-finance/los-angeles-has-highest-home-price-income-ratio-us (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211722) |
Date: October 18th, 2024 12:57 PM Author: stubborn startled library 3-5x use to be normal. now LOL.
thanks jews |
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Date: October 18th, 2024 1:05 PM Author: charismatic stag film (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211756) |
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Date: October 18th, 2024 1:19 PM Author: Dead fragrant native partner congress did this when they paid everyone to stay home for a year over a bad flu. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211847) |
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Date: October 18th, 2024 1:33 PM Author: Razzle Gaped Jew Resort No Palestinian was involved in this predicament. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211923) |
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Date: October 21st, 2024 9:34 AM Author: stubborn startled library (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48221427) |
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Date: October 18th, 2024 6:59 PM Author: jet shrine newt As I understood it, 3-5x was the median multiple per transaction, which could still be the case. This is just median home price over median household income.
Also, it states the national average for the article’s metric is 4.7x |
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Date: October 21st, 2024 9:37 AM Author: stubborn startled library We are currently north of 6x nationally.
https://www.visualcapitalist.com/median-house-prices-vs-income-us/
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Date: October 18th, 2024 1:20 PM Author: Dashing chapel thread has me thinking maybe i should just buy a house in visalia this year (i'm gay for not having done this earlier). not like i'll be able to afford one in the bay area now (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211850) |
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Date: October 18th, 2024 1:28 PM Author: soul-stirring zombie-like location bbw not everybody can fly buddy (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211886) |
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Date: October 18th, 2024 1:37 PM Author: Dashing chapel Fresno just missed the top 20. lmao. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211938) |
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Date: October 18th, 2024 1:40 PM Author: sapphire outnumbered stage and Bakersfield number 26 (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211947) |
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Date: October 18th, 2024 1:57 PM Author: Aphrodisiac burgundy hall Why Visalia? (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212026) |
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Date: October 18th, 2024 1:58 PM Author: maniacal gaping trump supporter Huge Ken Park fan (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212032) |
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Date: October 18th, 2024 2:04 PM Author: haunting hairraiser weed whacker (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212059) |
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Date: October 18th, 2024 2:11 PM Author: Dashing chapel interesting...had never heard of this movie and just looked it up. this might have interested me as an edgy teenager but sounds too dark and nihilistic for me right now (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212094) |
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Date: October 19th, 2024 7:46 AM Author: flatulent background story police squad Oh wow interesting more Jewish filth Yours in Christ |
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Date: October 21st, 2024 7:12 PM Author: Aphrodisiac burgundy hall Lol fuck that movie. Even at 22 I knew it was trash (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48224381) |
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Date: October 18th, 2024 2:04 PM Author: Dashing chapel I live here and have a job here (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212055) |
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Date: October 18th, 2024 1:23 PM Author: Exciting den macaca The prestige of living in Boston/New York—Miami—SoCal/NorCal. Imagine not being able to go to The Opera. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211865) |
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Date: October 18th, 2024 1:24 PM Author: cyan idiot old irish cottage (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211869) |
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Date: October 18th, 2024 1:29 PM Author: Exciting den macaca Addendum: Chicagoans BTFO. The fact that Denver is more exclusive than Chicago is insane.
I also love this graph because it demonstrates that Seattle and Portland are either the POTUS of Tier 2 cities or the bitchbois of tier 1. It's crazy how bloody accurate this chart is. Should be mandatory on every kid's wall. |
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Date: October 18th, 2024 1:42 PM Author: sapphire outnumbered stage It’s the shitty weather and being located in the Midwest that brings it down. More isolated than denver, so lots of Californians leave ca for Colorado but very few are going to Chicago (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211954) |
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Date: October 18th, 2024 1:55 PM Author: Exciting den macaca Absolutely cr. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212009) |
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Date: October 18th, 2024 2:45 PM Author: glassy demanding rigpig Compared to Denver, the rates of property taxes in Chicago are about 6x. So there's the factor that the government is extracting a lot of value, preventing home prices from rising. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212264) |
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Date: October 18th, 2024 2:46 PM Author: titillating irate cruise ship potus (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212269) |
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Date: October 18th, 2024 2:49 PM Author: glassy demanding rigpig I suspect that if you looked at something like average mortgage payment including property tax, the numbers would be a lot closer between the two cities.
Also, ~70% of chicago is an uninhabitable wasteland. Much lower % in Denver. So if you look at places anyone on XO would consider, that also moves Chicago #s higher. |
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Date: October 18th, 2024 2:55 PM Author: glassy demanding rigpig To elaborate on point #2, the cheapest single family house for sale in Denver right now is $239k:
https://www.zillow.com/homedetails/4533-Pennsylvania-St-Denver-CO-80216/13300733_zpid/
In Chicago, there are dozens of single family homes available for under $100k. So the bottom 1/2 or so of the city is really bringing it down. The worst neighborhoods in Denver are just not nearly as bad. |
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Date: October 18th, 2024 2:56 PM Author: Exciting den macaca (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212317) |
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Date: October 18th, 2024 3:19 PM Author: glassy demanding rigpig Very true (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212404) |
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Date: October 18th, 2024 3:39 PM Author: marvelous emerald incel Miami isn't prestigious and neither is bosTTTon, either way CA truly has 180 weather most of the year in most of the state and there's no city on earth like NYC, hth (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212461) |
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Date: October 18th, 2024 3:53 PM Author: Exciting den macaca (Vincent Chase) (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212522) |
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Date: October 18th, 2024 3:59 PM Author: marvelous emerald incel I'm Turtle, actually. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212553) |
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Date: October 18th, 2024 4:29 PM Author: Exciting den macaca (TDNW) (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212638) |
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Date: October 18th, 2024 1:31 PM Author: Cruel-hearted space (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211910) |
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Date: October 18th, 2024 1:34 PM Author: Razzle Gaped Jew Resort The next generation is so completely fucked. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48211925) |
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Date: October 18th, 2024 1:57 PM Author: Aphrodisiac burgundy hall Yeah but at least lots of value for the shareholders has been created!! (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212022) |
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Date: October 18th, 2024 2:04 PM Author: amethyst cheese-eating tanning salon Not in California! Prop 19 means the boomers can will their houses to their kids and the kids get to pay the same insanely low 1978 property taxes that have subsidized their parents for decades while the parents boomed out of control on their SPS incomes and millions of dollars of home equity. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212058) |
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Date: October 18th, 2024 4:00 PM Author: Razzle Gaped Jew Resort Odd, think you meant prop 13, not prop 19, which has actually made it much more difficult to do what you are describing.
https://www.kqed.org/news/11975582/inheriting-a-home-in-california-heres-what-you-need-to-know |
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Date: October 18th, 2024 3:40 PM Author: marvelous emerald incel next generation? I'm completely fucked unless I get lucky, which I am wont to do (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212463) |
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Date: October 18th, 2024 4:28 PM Author: Razzle Gaped Jew Resort Sorry brother. It is really fucking tough. We got lucky when we bought. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212635) |
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Date: October 18th, 2024 1:58 PM Author: balding theatre ape no one has successfully convinced me that california exists (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212035) |
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Date: October 18th, 2024 2:07 PM Author: soul-stirring zombie-like location bbw lot of weird stuff out here (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212075) |
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Date: October 18th, 2024 2:42 PM Author: Dashing chapel I’m gay (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212254) |
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Date: October 18th, 2024 2:43 PM Author: charismatic stag film thats why u got butt cancer (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212261) |
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Date: October 18th, 2024 3:26 PM Author: balding theatre ape convinced of that (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212416) |
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Date: October 18th, 2024 4:32 PM Author: Vermilion Alcoholic School Just got back from LA what a shithold. Fuck the vaunted weather, it was chilly and overcast 3/4 days. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212649) |
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Date: October 18th, 2024 6:50 PM Author: shivering forum voyeur what part of town were you in? (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213138) |
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Date: October 18th, 2024 6:52 PM Author: Vermilion Alcoholic School Beverly Hills (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213153) |
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Date: October 18th, 2024 6:55 PM Author: Gold rambunctious haunted graveyard Beverly Hills is terrible. It's like a Liberace themepark.
Only good part of LA is Santa Monica and the surrounding areas. Slayed some quality poon there on work trips back in the day. |
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Date: October 18th, 2024 6:56 PM Author: Vermilion Alcoholic School Most of the good hotels are in BH, also LMAO Santa Monica is filled with roaming drug addicted homeless trash now. Every part of LA is terrible in some way. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213165) |
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Date: October 18th, 2024 7:05 PM Author: Gold rambunctious haunted graveyard Your tendency to choose hotel quality over hotel Location continues to baffle me. To me, Location is everything for a hotel. Would mush rather stay in a shitty 2* in a great area than an amazing 5* in a meh area.
(We've had this discussion many times over the years, so no need to rehash). |
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Date: October 18th, 2024 7:06 PM Author: Vermilion Alcoholic School Why would it matter in LA of all places where you can't walk anywhere? At least in BH and West Hollywood there are some limited walkable areas unlike the rest of the sprawling shithole "city" that's just some strip malls and small towns loosely stitched together. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213195) |
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Date: October 18th, 2024 7:19 PM Author: Gold rambunctious haunted graveyard I highly recommend the Fairmont Miramar in Santa Monica. Highly walkable area with plenty of good bars / restaurants within walking distance. (Although not the best area for that it Santa Monica). Ocean views. Quick walk to beach. 180 bar on premises that all the non-Hollywood hot White girls in LA go to.
It's a dated 4-star, but overall worth it given Location / context. |
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Date: October 18th, 2024 7:20 PM Author: Vermilion Alcoholic School I've stayed in Santa Monica before at a friend's place. It was ok like 10 years ago, I was in the area ~2 years ago and now it's almost as bad at Venice with the crazy homeless and criminals. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213236) |
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Date: October 18th, 2024 7:22 PM Author: Gold rambunctious haunted graveyard Off the top of my head, I don't think I've been since COVID. I believe you. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213247) |
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Date: October 18th, 2024 7:23 PM Author: Vermilion Alcoholic School Oh yes brother, it's a different ball game since COVID. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213252) |
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Date: October 18th, 2024 6:55 PM Author: Translucent big school cafeteria goal in life kike (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213164) |
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Date: October 18th, 2024 7:03 PM Author: Vermilion Alcoholic School WTF is this even supposed to mean? Almost all the good hotels are located in BH. Not like you have to stay in one area. All of LA sucks penis anyway. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213183) |
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Date: October 18th, 2024 7:05 PM Author: shivering forum voyeur BH sucks and no cool people ever go there. there are far cooler / hipper / any adjective you want hotels in other parts of the city. that's fine you don't like LA but BH sucks and staying there is indicative of not knowing anything about the city (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213192) |
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Date: October 18th, 2024 7:06 PM Author: Vermilion Alcoholic School JFC how retarded are you guys? Do you have to stay in the part of the city where your hotel is? Is this a rule? I've been to LA 100 fucking times and stayed all over the POS city. The fact remains almost all of the best hotels are in BH. No one cares about a "hip" 3 star that isn't comfortable. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213194) |
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Date: October 18th, 2024 7:07 PM Author: shivering forum voyeur see, i'm sorry but you don't know LA man. yes, you stay in the part of the city you're staying in. that's how LA works. i do remember you once posted about trying to go cross town during rush hour. why would you think you could do that? you can't do that in NYC, Paris, anywhere you're more familiar with (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213198) |
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Date: October 18th, 2024 7:08 PM Author: Vermilion Alcoholic School Considering every part of LA sucks penis, I'll stick with the part with nice hotels and deal with sitting in an uber in traffic. Not like that dump of a city is walkable anyway. Still waiting for you to chime in on what part of LA doesn't suck anyway...of course you can do that in NYC and Paris because you can fucking WALK anywhere you want to go. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213203) |
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Date: October 18th, 2024 7:13 PM Author: shivering forum voyeur most of LA sucks you're right but the weather is good nearly year round whether you like it or not and the nature is like one billion times better than the east coast. QOL is just so much higher. although the traffic brings it down. also, i've never spent longer than 3 days in LA. overall, i'm a gay GED candidate in Arkansas that rides a rascal scooter. i've never walked anywhere in my life and i'm currently drinking a Code Red Big Gulp (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213215) |
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Date: October 18th, 2024 7:18 PM Author: Vermilion Alcoholic School Feels like a myth, my friends in LA end up having to structure their lives around when traffic is going to be SPS, and it becomes such a disaster that you can be like 2 miles away from people and end up giving up on plans because it'll take 45 minutes to meet up. How often do people who work there have the time to spend an entire day in transit to/from nature to go for a hike? Most of the beach you can't even use because it's been taken over by homeless criminals. Oh the weather! (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213226) |
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Date: October 18th, 2024 7:23 PM Author: shivering forum voyeur if you live in the right part of town the hiking is in your backyard. if you really like the beach or to surf, which many, many people do. you live in the South Bay, you know, on the beach. there are also thousands of kooks (novice surfers) driving up to Malibu every weekend. I lived on the east coast for 14 years. it's just a different existence in terms of outdoor activities. but you're right, not shit is walkable. that just doesn't exist. walkability is a big part of life's enjoyment (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213255) |
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Date: October 18th, 2024 2:14 PM Author: titillating irate cruise ship potus On the plus side you get absurdly high income taxes, rampant petty crime, 2 billion homeless people, a state govt that hates you, and a school district you pay for but cant actually send your kids to (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212115) |
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Date: October 18th, 2024 3:40 PM Author: marvelous emerald incel (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212466) |
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Date: October 18th, 2024 6:38 PM Author: glassy demanding rigpig (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213106) |
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Date: October 18th, 2024 6:51 PM Author: Gold rambunctious haunted graveyard BUT THE WEATHER (kid gets raped by a Salvadorean) (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213149) |
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Date: October 18th, 2024 6:53 PM Author: Vibrant affirmative action (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213156) |
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Date: October 21st, 2024 9:36 AM Author: glassy demanding rigpig (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48221430) |
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Date: October 18th, 2024 3:44 PM Author: mustard excitant selfie (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212488) |
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Date: October 18th, 2024 4:26 PM Author: Translucent big school cafeteria goal in life super depressing link ty (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48212630) |
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Date: October 18th, 2024 7:04 PM Author: jet shrine newt lol this is pre-tax income too. In California or New York, just imagine how much worse the multiples are after adjusting that out. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213189) |
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Date: October 19th, 2024 3:32 AM Author: glassy demanding rigpig Lol @ taxcucks (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48214382) |
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Date: October 18th, 2024 7:10 PM Author: mewling filthpig preventive strike but the public school districts in boston are totally worth wasting your life wagecucking to finance public schools (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213206) |
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Date: October 18th, 2024 7:15 PM Author: Aggressive Community Account Mad-dog Skullcap This is a central reason I've given myself about 6 months to either see massive income growth (ain't gonna happen) or send in my lease termination notice and start packing for somewhere cheap. (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48213217) |
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Date: October 19th, 2024 7:51 AM Author: onyx casino new version Des Moines (http://www.autoadmit.com/thread.php?thread_id=5613675&forum_id=2Elisa#48214617) |
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Date: October 19th, 2024 8:18 AM Author: peach people who are hurt As someone noted above, these are misleading. It's general HHI for the city compared to median home price--not the price home people are purchasing based on their actual income. So places with large amounts of trophy properties (like LA and NYC) will appear more unaffordable than they are. It doesn't factor in places with high property taxes, either. Property values in places like NJ, IL, and TX are suppressed because the taxes are so high. Also, this looks at NYC as a whole as if someone considering purchasing in Manhattan is also looking in Staten Island. Manhattan's average sale price $1.349MM was 13.5x the HHI of $100k. Brooklyn was 12.89x and The Bronx is 12.4x.
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