Rental costs remain “out of reach” for millions of Americans
Apr 9, 2008
California’s high cost of housing highlighted in 2007-2008 housing affordability report
Washington, DC – According to a report released yesterday, the Housing Wage for California is $24.01. The Housing Wage is the hourly wage a family must earn – working 40 hours a week, 52 weeks a year – to be able to afford rent and utilities in the private housing market. This represents an increase of 44.3% since 2000.
