Search results
Results from the WOW.Com Content Network
But living in this tech hub is exceedingly expensive; the median home price stands at $1.4 million, while the median rent for a one-bedroom apartment is over $4,200 per month.
Developers built fewer homes in California in 2023, potentially leading to higher prices and rents as a supply shortage worsens.
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...
In California housing costs are exceptionally high and the supply of affordable housing is low. California ranks 49th among U.S. states in housing units per capita. [19] As of 2021 California had only 24 available homes that were considered affordable for every 100 lowest-income renter households. This creates a deficit of about one million ...
Home insurance is now a major expense in some areas of California. And with wildfires and other climate risks on the rise, insurers like State Farm and Allstate have made the decision to not offer...
Issi Romem, an economist at the Terner Center for Housing Innovation at the University of California, Berkeley said: "...as long as abundant new housing was built to accommodate those drawn to California, housing price growth was limited and the state's allure was channeled into population growth: From 1940 to 1970 California's population grew 242 percent faster than the national pace, while ...
The city is the second most expensive county in California for renters. A tenant must make a minimum $61.31 hourly wage in order to afford a two-bedroom apartment. (Yichuan Cao / Sipa USA via ...
See which California cities are the most costly to live in. Several studies agree: The premium to live in California may be 40% to 50% over the national average.