Tag: home affordability
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LA City Council cuts maximum increases for rent-stabilized apartments for first time in 40 years
Also, affordability improved slightly in the third quarter, a buyer-seller stalemate has dropped sales to a 30-year low and fewer homeowners are considered “equity rich.”
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Affordability tumbles to a 15-year low and the majority of homes for sale are ‘stale’
Higher mortgage rates are affecting the number of households that can buy a home, with the Bay Area now more affordable than other regions in the state.


