Why housing costs are so high in Calif.
By Ben Christopher and Matt Levin, CalMatters
Half the state’s households struggle to afford the roof over their heads.
Homeownership—once a staple of the California dream—is at its lowest rate since World War II. Nearly 70 percent of poor Californians see the majority of their paychecks go immediately to escalating rents.
State lawmakers are debating a long-delayed housing package.
Just how hard is it to buy a home in California? Hard. Really hard. Both compared to how hard it is in other states, and how hard it was for previous generations of Californians to buy homes.