How Housing Affordability Has Dropped Over 5 Years: 5 Metros Where Less Than 30% of Households Can Afford a Home

Housing affordability has sharply declined over the past few years, so much so that less than 30% of households in five major metros earn enough to buy a home. Based on the rule that individuals should spend no more than a third of their income on housing, [Realtor.com®](http://realtor.com) research has found that Los Angeles, Oxnard
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