SacBee: There are 130 housing bills in the California Legislature. What will the state do?

SacBee: There are 130 housing bills in the California Legislature. What will the state do?
April 17, 2017 Peter

Restaurant workers, teachers, first responders – even doctors – are getting priced out of California, and home-ownership is beyond the reach of many, according to a nationwide housing survey from the real estate listing service Trulia. Trulia analyzed state and national housing trends comparing median salary data from the Bureau of Labor Statistics to median home price. San Francisco, Los Angeles and San Diego ranked among the least affordable places across the state. In Sacramento, virtually no homes are affordable for restaurant workers, whose median annual income of roughly $24,000 per year compares to a median home listing price of $449,000. The percentage of homes available for service industry workers came in at about 1 percent. For teachers, roughly 32 percent of homes in Sacramento are considered affordable. Just over 42 percent of homes are considered affordable for first responders such as police officers and firefighters. For doctors, roughly 90 percent of homes are affordable.

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