Los angeles is a prime example of this problem. The demand has so far exceeded the supply the brokers are playing the flip game to a point now very few people who did not already start with a house in los angeles can afford one.<p>Even the current average tech worker wage at good companies will make buying a home on your own fairly impossible. Forget buying if you are someone who works a normal type job.<p>A house selling for 250k in a decent neighborhood in 2000 has jumped to 850k in 2016.