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The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.

The average household would have to make a $780,000 down payment to afford the monthly mortgage cost of a typical LA home, Zillow found.

By: Business Insider

Jun 29 2024
37
3011 Views

The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare. — The average household would ne

Many potential homeowners struggle to make down payments. John M Lund Photography Inc/Getty Images

A median-income household must make a $128,000 down payment to comfortably afford a typical… [+9297 chars]
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