Forget The 2,500 Square Foot. Three-Bedroom For $1.2M, Says Kevin O'Leary. That's The Going Rate For A Trailer Now In California

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investor and TV personality Kevin O’Leary isn't sugarcoating the housing market in states like California. In a post on X, he said affordability has dropped so sharply that what used to buy you a spacious three-bedroom home now barely gets you into a trailer. “Affordability is down about 40%,” O’Leary said. “In other words, you’ve got to buy a house with 40% less square footage and pay the same amount on i ...