#rent-burden

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Real estate
fromBrownstoner
3 months ago

Plans Unveiled for Affordable Housing in Clinton Hill

A vacant state-owned Clinton Hill site will be replaced by a 16-story, 125-unit affordable housing development with a health clinic and community center.
#housing-affordability
fromwww.ocregister.com
8 months ago

Huge housing costs are stressing out California

Roughly 1-in-5 California households have housing expenses gobbling up more than half of their incomes. My trusty spreadsheet identified numerous affordability challenges 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 and who owns, how much they pay a month, which households are financially swamped by housing expenses, and how many folks can squeeze into a home.
Real estate
fromThe Mercury News
8 months ago

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
Real estate
fromSFGATE
8 months ago

10 Cities Requiring Minimum-Wage Workers to Work 80+ Hours for Rent: Recap

Minimum-wage workers often must work far beyond standard hours to cover rent, with some needing up to 94 hours weekly to afford housing.
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