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Los Angeles Times
Los Angeles Times
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California’s housing market in 2026 reflects a pattern similar to the mid-2000s boom, with record-high median prices and affordability challenges. Today’s homebuyers are older, wealthier, and put larger down payments, yet housing remains out of reach for lower-income households due to wages not keeping pace with rising prices. Despite stricter lending rules and slight declines in prices relative to inflation, the high cost of homes continues to delay or deter many potential buyers.
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