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Housing Woes Worse in L.A. Than New York, San Francisco


Housing Woes Worse in L A Than New York San Francisco Bloomberg

Source: http://www.bloomberg.com/news/2014-09-03...

Angelenos use a bigger slice of their paychecks on shelter than people in New YorkSan Francisco or Miami, studies show. Surging property prices in the second-largest U.S. city are driving up costs in once-impoverished areas while pushing lower-income households into converted garages or to distant suburbs, where the tradeoff is hours stuck in traffic each day.

Stashed in: America!, Homeless, Real Estate

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People in LA may have it worst but people in NY and SF definitely have it bad too.

America Housing Cost Burden chart 2014

America Rental Cost Housing Burden chart 2014

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