anger

Think Housing's Bad? You Ain't Seen Nothing Yet

The only houses in Los Angeles you can get for 275,000 is a cardboard box "fixer upper" in a shooting zone. Even the crappiest of houses sell for over 300,000. This data doesn't seem accurate at all. My best "guess" is that the percentage of the fall is waaaaayyyyy off, and must go much lower than you've predicted.