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The median home value in Los Angeles
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County is approximately
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$800,000, while the median household
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income is only around $70,000. I keep
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telling my friends over and over this is
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going to correct one of these days, but
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they don't believe me. Someone please do
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the math and tell me how this makes
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sense and see how it's possible that
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someone can afford a $800,000 house on a
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$70,000 income while also dealing with
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some of the highest gas prices and taxes
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in America. And if you're like, "Why
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don't people just rent?" Well, the
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average price for a two-bedroom
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apartment in the city of LA is around
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$2,900. High living costs, traffic
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congestion, and economic inequality pose
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significant challenges for residents,
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particularly for the black
