Real Estate: Too Expensive to Buy, Too Expensive to Rent

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If you're actively looking to buy a home in Southern California, you won't be surprised by this week's report by the real estate website Trulia. Los Angeles, Orange County and the Inland Empire are three of the country's five most overpriced housing markets. And here's the kicker: housing prices are soaring — but incomes are not keeping up.

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Host:

Warren Olney