What you need to know about California's housing crisis
Original story at CALmatters• 5 mentions • 1 month ago
CALmatters 1 month ago
By Ben Christopher and Matt Levin | August 21, 2017 Half the state’s households struggle to afford the roof over their heads. Homeownership—once a staple of the California dream—is at its lowest rate since World War II. Nearly 70 percent of poor Californians see the majority of their paychecks go immediately to escalating rents. This month, state lawmakers are debating a long-delayed housing package. Here’s what you need to know about one of California’s most vexing issues. ▼ Hard. Really hard. Both compared to how hard it is in other states, and how hard it was for previous generations of ...