Families earning $117,000 now qualify as “low income” in California’s Bay Area

This is pathetic……and sad. This is what Democratic Socialism leads to. 

Families earning $117,000 now qualify as “low income” in California’s Bay Area

SAN FRANCISCO — A report out this week from the Department of Housing and Urban Development finds the median price for a single-family home in the Bay Area is now $935,000. A family earning $117,000 now qualifies as “low income” in the region. CBS News went to see California’s red-hot housing market with realtor Larry Gallegos.