The study from UCLA's Ziman Center for Real Estate shows that the average renter in Los Angeles, which has the highest percentage of renters in the country, devotes 47 percent of his or her paycheck to rent. [...]
It's the latest depressing news about L.A.'s rental market, and it comes with a twist: affordability is not a new post-recession problem, but one that has been getting worse for decades.
“Our studies show a severe housing burden among poor renters has existed since 1970 — scpr.org
Cars offer more than just convenience: they can give lower income Americans an economic leg up. [...]
While tracking households that had participated in two federal housing voucher programs, [a study] found that car owners were twice as likely as transit users to find jobs and four times likelier to retain them. Car-owning households were also able to locate near better neighborhoods and schools. This reaffirmed previous work ... arguing that car ownership plants the seeds for upward mobility. — thedailybeast.com
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