#rental-affordability
#rental-affordability

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For 27% of California tenants, rent is more than half their income

My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 50 states and the District of Columbia. These latest figures detail swings in who's renting, how much they pay, and how many tenant households are financially swamped by rental expenses - that's rent plus utilities exceeding 50% of incomes. Remember, California is the nation's largest rental market with 6.1 million tenant households.

Real estate

fromwww.ocregister.com

9 hours ago

For 27% of California tenants, rent is more than half their income

About one quarter of renters face extreme housing cost burdens, with California reporting 1.6 million households spending over 50% of income on rent and utilities.

California

fromwww.ocregister.com

1 month ago

California ranks 15th in tenant friendliness,' study finds

California's tenant protections are weaker than many East Coast states and several other states across the country.

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#rental-affordability#rental-affordability

For 27% of California tenants, rent is more than half their income

For 27% of California tenants, rent is more than half their income

California ranks 15th in tenant friendliness,' study finds

#rental-affordability
#rental-affordability