Everyone agrees, the cost of housing is far too high. Late last year, auditors in Los Angeles sounded an alarm after a review of 1000 units under construction for unhoused individuals averaged $600,000, according to a report in the Los Angeles Times.
This smashes the median home price in the United States, which Business Insider sets at $226,800. Thecost of buying a home has increased significantly since the 1960s, when the median price of a home was $11,900, or $96,681, when adjusted for inflation, according to a Student Loan Hero report.
