SF Gate: Affordable housing drying up across Bay Area, report finds

SF Gate: Affordable housing drying up across Bay Area, report finds
May 5, 2017 Peter

This file photo taken on May 17, 2016 shows a house for sale in Arcadia, California. Photo: FREDERIC J. BROWN, AFP/Getty ImagesSkyrocketing rents, shrinking incomes and severe cuts in state- and federal-government support for affordable housing have made it far harder for lower-income Bay Area residents to find a place to live, according to a report being released Friday. The report looks at rents and incomes in Alameda, Contra Costa, Sonoma and San Mateo counties, and concludes that each is more than 10,000 rental spots short of what it would take for everyone of limited means to find an affordable place to live.

 

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