Orange County homes might be almost twice as affordable as you’d think

How do you make Orange County housing look almost twice as affordable to a typical house hunter?
Change the metric!
First, let’s take “affordability” measures from the California Association of Realtors. The trade group produces two metrics that gauge how financially comfortable homebuying is — the widely discussed “traditional” measurement that assumes very conservative terms and a less-publicized yardstick for more generous borrowings for first-time buyer ty