This chart shows just how out-of-control rent has gotten: The typical person has to work 64.2 hours just to pay rent — up from...
The typical US worker would've had to put in over 64 hours of work to be able to afford the average rent payment in September.
Economic Week to be Focused on the Rapidly Slumping Housing Market
A year ago, the housing market was on a roll. Sales of existing homes rose 7% in September from the prior month, reaching an annual pace of 6.29 million.
Average long-term US mortgage rates rise this week to 6.94%
Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month.
Stimulus money available to California homeowners and renters
Are you struggling with the high cost of housing in California? Know you're not alone. Here's some good news. Did you know that stimulus money is still available to homeowners and renters in California?
Gimme Shelter: How California’s new parking law could lower housing costs
A new state law unravels decades of parking rules in California cities. On this episode of “Gimme Shelter: The California Housing Crisis Podcast” CalMatters’ Manuela Tobias and The Los Angeles’ Times’ Liam Dillon explain how that could trim housing costs.
