Struggling with L.A.'s Housing Market: A Couple's $100K Dilemma

A couple in Los Angeles, both working in the film industry and making over $100,000 a year, feel trapped and hopeless about ever being able to afford a house in the city. Despite having a great deal on a rent-controlled apartment, the skyrocketing housing prices and unaffordable mortgage rates have made homeownership seem impossible. They are unable to find an apartment at their current rate and fear leaving the industry behind if they move to a more affordable city. The couple is living paycheck to paycheck and struggling to save due to short seasons and student loans. They feel that buying a house in Los Angeles is only possible for the wealthy and are waiting for the housing market to crash in hopes of finding an affordable home.