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$228,400 is the minimum annual income the California Association of Realtors says a household needs to cover homeownership costs in the state, per its second-quarter 2026 data.
That figure frames a 2023 exchange between Mark Cuban and podcaster Bobbi Althoff on The Really Good Podcast, in which Althoff asked Cuban to hand her $5 million for a Southern California home.
Cuban said he would have given her the money. He then explained why even a paid-off house would not solve the problem.
The price spread Two major data sources track California's median home price and land at different numbers.
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