Locked Out 2002: California's Affordable Housing Crisis Continues
Description:
Awareness of California’s affordable housing crisis has increased exponentially in recent years as home prices and rents have skyrocketed in most areas of the state, in many cases locking even middle-income families out of the housing market. For low-income families, the implications are even more severe, as families may be forced to forgo basic necessities or live in substandard or overcrowded conditions in order to afford shelter. From a broader perspective, the shortage of affordable housing – or, in some areas, any type of housing – has serious implications for the health of the state economy. Businesses struggle to recruit and retain employees, workers are forced to choose between overcrowded or substandard housing and long commutes, and families have less income to spend on other necessities. (Author)
Type of Resource:
Report
Publication Date:
2002
Location:
Sacramento, CA
Phone:
916-444-0500