56% of California renters slammed by housing costs vs. 35% of homeowners
“How expensive?” tracks measurements of California’s totally unaffordable housing market. The pain: Slightly more than half of California tenants pay 30% or more of their income for housing costs, compared with roughly one-third of homeowners. The source: My trusty spreadsheet looked at the latest Census Bureau stats tracking household housing expenses in 2023. Anyone paying…