Will $250,000 per year put you in a house in L.A.?
August 29, 2008 | 2:15
pm
That's the question Peter Viles is asking at his fine blog, LA Land, and boy, are the comments hopping. It all started when two readers answered the question with an emphatic "No way" in the comments, stating that despite earning a quarter of a million dollars per year (somehow that sounds like so much more money than $250,000) home ownership isn't in their future. One man writes:
"My wife and I earn around $250K per year, are in our mid 30's and have a newborn child. In any other planet, we should be able to own a very nice house. However, in Los Angeles...
You can get in on the conversation right here.
-- Veronique de Turenne
