Wednesday, May 28, 2014

Shortage of affordable housing is dire in L.A. County, advocates say

The L.A. Times reports:
The lack of affordable homes has only worsened in recent years as incomes have failed to keep pace with rents. L.A. County’s median inflation-adjusted rent rose 25% from 2000 to 2012, while the county's median income dropped 9%, the report said. Rents have soared in recent years as many people who lost homes to foreclosure have entered the rental market.
The great moments of Blue America. Put more land out of use in the name of "the environment" , and you create a hell for working class people.