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A "for sale" sign stands outside an existing home in Pasadena, California. A report shows U.S. home prices accelerated in November compared with a year ago, pushed higher by rising sales and a tighter supply of available homes.
KPCC reporter Matt DeBord joins Larry to discuss the rise in home prices in Los Angeles. How will changes to the housing market affect you? Will this dissuade you from buying a home? Do investors throw off prices? How could this affect rentals?