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Thursday, November 5, 2015

A Manhattan studio costs how much ? What your L.A. money could buy in New York

Angelenos spend a larger share of their paychecks on shelter than the residents of any other city: Renters, in the aggregate, spend about 48% of their median income, while owners spend about 43%. The greater Los Angeles metro area is the least affordable rental market in the country, and it's tied with San Francisco for the least affordable sales market.
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