Thursday, January 13, 2005

Rental market "Out of Reach" in California

The National Low Income Housing Coalition has released a study that ranks California at the top of the list of the "Least Affordable States" for people who wish to rent and spend no more than 30% of their income on housing (that list is here).

The study, titled "Out of Reach" compares wages and rents, and affordability. It is very interesting and detailed.

To read the online study, which provides a lot of information from around the United States, please go here. The Press Release about the study is here.

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