Sunday 16 August 2015

Los Angeles Is Facing A Housing Affordability Crisis

Los Angeles has all the earmarks of being confronting a developing emergency after two new reports demonstrated that it has the slightest reasonable lodging in the U.S., stagnant wages, and a market that supports a "well off minority."

The latest report was discharged for the current week by land site Zillow. It separated the lodging expenses in major U.S. urban areas and uncovered that tenants in Los Angeles pay the most noteworthy percent of their salary on lodging.

Urdu Poetry SMS Shayari Romantic Poetry New Songs 2016 latest Hindi Songs Urdu News Earn Money Online Jobs In Pakistan 2016 Apple iPhone 7 Price and Hands On Review Pakistan Super League Live Streaming The Southern California city even beat out spots notorious for their rents like San Francisco and New York City.

The chart beneath demonstrates that tenants in L.A. pay a normal of 48.9% of their pay on lodging. By examination, individuals in New York and northern New Jersey spend a normal of 41.3% of their pay on rent, while in San Francisco the normal is 46.7%.

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