Archinect - News 2024-11-21T09:36:06-05:00 https://archinect.com/news/article/107185375/study-confirms-la-is-least-affordable-city-for-rentals-in-us Study confirms LA is least affordable city for rentals in US Amelia Taylor-Hochberg 2014-08-22T17:40:00-04:00 >2014-08-22T17:40:24-04:00 <img src="https://archinect.gumlet.io/uploads/42/423268c3005cf63dbc320dc00da3ed98?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The study from&nbsp;UCLA's Ziman Center for Real Estate&nbsp;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. &ldquo;Our studies show a severe housing burden among poor renters has existed since 1970</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>