| « Wells Fargo Charged 800,000 Customers for Fake Car Insurance, Stole 25,000 Cars—Nobody Charged | EU Proposes Freezing Bank Accounts to Bailout Megabanks » |
Skyrocketing Rents in California Are Part of a Broader US Housing Crisis
Link: http://www.alternet.org/economy/skyrocketing-rents-california-are-part-broader-us-housing-crisis
Median rent for a one-bedroom in San Francisco is $3,450/month. A family of four in San Francisco, Marin or San Mateo with an annual income of $105,350 is now considered "low income," according to a Department of Housing and Urban Development (HUD) report, which helps determine who qualifies for subsidized housing. Throughout the country, rents are also rising to dangerous levels. Median rent for a one-bedroom in New York City is $2,950/month. In Washington, DC, it's $2,210/month.
No feedback yet
| News |  |
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor