‘Affordable’ Orange County homes? 67% less options in 5 years, by this math

Let me paint yet another portrait of just how pricey house hunting has become in Orange County: The number of homes that can be comfortably financed has been cut by two-thirds in five years, according to one affordability benchmark.
The National Association of Home Builders tracks the percentage of homes sold in a region that could be bought by a typical family, at prevailing mortgage terms, without the resulting house payments busting their budget.
I put the association’s second-quarter r