Hey, came across this little ditty on the US Census site ranking Owner Occupied monthly expenditures on home owning costs in 2004 spending 30% of more on housing… too much
looks like in 2004, SD was at 44%. Santa Ana was worse, which may have improved with influx of incomes.
I’d be curious to see 2005 and 2006, but we probably have to wait two years.
Trying to see why nationally, housing fluctuates between 2.5 and 3.5 median income while California typical is well above at approximately 5X household income in places like SD, OC.
