Feeling the pinch of ever increasing rents, healthcare and education costs while your income stays flat to slightly up? You are not alone.
In large swaths of coastal California and the Pacific Northwest, less than one-third of renter households can afford house payments. Just 12 percent of L.A. renters meet that mark.
Housing affordability is a profound problem, one that is reshaping the way the country looks and lives. Multifamily construction now outpaces single-family homes as the prime source for rental housing (since 2013).