It's always been hard for minimum wage workers to afford the median rent in L.A. on their own. But this latest study highlights how quickly rent is increasing compared to people's wages.
That disparity means making tough tradeoffs to make ends meet, according to USC public policy professor Gary Painter.
Overall, researchers found that 22% of California households — more than 1.3 million — are extremely low income, with a shortage across the state of more than 1 million affordable units.It's always been hard for minimum wage workers to afford the median rent in Los Angeles on their own. But this latest study highlights how quickly rent is increasing compared to people's wages.
At the same time, housing costs here remain higher than many other places. The enormous gap between wages and rents highlights how difficult it's been for low-wage workers to stay housed — and why local governments are failing to find new housing for the estimated 66,000 peopleThe lack of available housing is significant and state analysts say L.A. County has for decades built tens of thousands of fewer homes than what's needed to keep up with demand.
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