Los Angeles: Dead Last In Housing Affordability

Los Angeles spends a lot of taxpayer money on affordable housing, $399,228,000 in state funding and $1,919,897,000 in federal money for the 2024-25 fiscal year. Given all that spending, how does Los Angeles rank nationwide in housing affordability? Dead last. Des Moines, Iowa, ranked first and Los Angeles ranked last in Realtor.com’s inaugural report grading… Continue reading Los Angeles: Dead Last In Housing Affordability