A street sign realty check on CNBC this morning noted that the gap between home price growth versus income growth was the second highest in the Nation in California, at 19.6%. While Los Angeles led the 'unaffordable index', only 16% of California citizens can afford to purchase a median priced home. This has fueled the use of ARMs and Interest-only loans, which many believe will be the straw that broke the back of the real estate market.