Los Angeles, Long Beach and San Diego are among the world’s least affordable cities for homebuyers, a recent report says.
When the price of a regular home is compared to regular local salaries, Los Angeles, Long Beach, San Diego and San José were among the five least affordable cities in the world, according to a survey from financial services provider Remitly conducted late last year.
Relative to local pay scales, the cities are more expensive for homebuyers than New York, Paris and Singapore, Remitly’s analysis says…