{"id":5,"date":"2026-08-31T13:00:00","date_gmt":"2026-08-31T13:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/desertlist-com\/2026\/08\/31\/california-saving-20-down-takes-years\/"},"modified":"2026-08-31T13:00:00","modified_gmt":"2026-08-31T13:00:00","slug":"california-saving-20-down-takes-years","status":"publish","type":"post","link":"https:\/\/www.desertlist.com\/blog\/2026\/08\/31\/california-saving-20-down-takes-years\/","title":{"rendered":"California: Saving 20% Down Takes Years"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/arturo-duran\/saving-downpayment-decade-remotion-videos-7a3a\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>A California household earning the median income now needs ~15 yr to save a ~20% down payment, one of the longest timelines nationwide.<br \/>\nTypical California homes now cost ~$776K, while median household income is ~$106K, showing why many buyers need far more time to build savings.<br \/>\nAt California&#039;s minimum wage, saving alone for a down payment would take ~44 yr, underscoring how challenging entry-level buying is statewide for many.<br \/>\nGeography and policy tightened supply: the Pacific, mountains, and protected land limited growth, while a long-standing tax cap discouraged turnover and kept inventory constrained.<br \/>\nFor households without equity, first-home searches increasingly center on inland California cities, where lower prices offer an alternative to the coast, but longer commutes.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A California household earning the median income now needs ~15 yr to save a ~20% down payment, one of the longest timelines nationwide. Typical California homes now cost ~$776K, while median household income is ~$106K, showing why many buyers need far more time to build savings. At California&#039;s minimum wage, saving alone for a down [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":33,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/posts\/5","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/comments?post=5"}],"version-history":[{"count":0,"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/posts\/5\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/media\/33"}],"wp:attachment":[{"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/media?parent=5"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/categories?post=5"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.desertlist.com\/blog\/wp-json\/wp\/v2\/tags?post=5"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}