Jerry Brown

To end the housing crisis, California leaders can't be afraid to put all options on the table

To end the housing crisis, California leaders can't be afraid to put all options on the table

How do you know that California’s housing problem has hit crisis proportions? When state lawmakers introduce more than 130 bills to try and fix it.

The state’s housing market has long been unaffordable for far too many Californians. But in recent years, the problem has become impossible to ignore. Rapidly rising rents are forcing more residents to spend a staggering percentage of their take-home pay to keep a roof over their heads. Financial advisors recommend spending no more than 30% of your income on housing, but one in three renters in California pays more than half of their income to their landlord. Plus the greatest job growth has been in coastal cities that have the highest...

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