Archinect - News2024-11-21T09:36:06-05:00https://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-Hochberg2014-08-22T17:40:00-04:00>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 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</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
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