You now need an income of $524,000 to buy a home in picturesque San Mateo County, report says

I'm totally blown away by how out of reach homeownership is in San Mateo County right now 🤯. I mean, $524,000 is insane! And it's not just the price, it's the interest rates too - six or seven percent? That's like, doubling the monthly mortgage payment overnight 😱. Young people are really struggling to get on the housing ladder here. They're having to think about where they want to live in years to come, like Prieya said, maybe not even in California anymore 🤔. It's all so frustrating and it feels like no one is being heard. The idea of building more homes by 2031 seems like a good start, but we'll have to see if it makes a real difference 💡.
 
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