Here’s the most discouraging news of the week, from CNN/Money.

The Los Angeles metro area was again the nation’s least affordable market. Only 2 percent of the homes sold during the quarter there were affordable to those families bringing home the median earnings for the area, $56,200. The median sale price was $525,000.

Coming in a close second, was Orange County, just south of LA. These would be the only two markets I could possibly live in with my job. I’ve been wanting to own a home for a long time, but this is the main reason I’ve been unable to. I guess I’ll have to wait for the market to crash (which may not be too far fetched), or wait for the next big earthquake to scare everybody away.

Link: Most Affordable Housing Markets