LA Times: To end the housing crisis, California leaders can’t be afraid to put all options on the table

LA Times: To end the housing crisis, California leaders can’t be afraid to put all options on the table
May 27, 2017 Peter

The state’s housing market has long been unaffordable for far too many Californians. But in recent years, the problem has become impossible to ignore. Rapidly rising rents are forcing more residents to spend a staggering percentage of their take-home pay to keep a roof over their heads. Financial advisors recommend spending no more than 30% of your income on housing, but one in three renters in California pays more than half of their income to their landlord.

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