A Silicon Valley down payment could buy you an entire house in much of the U.S.

East Bay Times reports:

You’re probably used to hearing that Bay Area home prices are insane, unfair and punishing to potential buyers.

But here’s a new way to look at the dilemma faced by the region’s homebuyers:

The median 20 percent down payment on a house in metro San Jose is $192,320. Give or take a few bucks, that sum is equal to the median nationwide value of an entire house: $192,500.

Those numbers come from a new analysis of the national market by Zillow, the online real estate database company.

Just a reminder the next time the federal government tells you there's no inflation. It appears California does hate middle America.