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The Los Angeles City Council is considering changing the way it sets annual allowable increases for rent-controlled properties for the first time in nearly 40 years. That's good.
The following is a list of California locations by income.. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average.
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Studies show that low-income residents are more heavily impacted by rising rents. Nationally, between 2000 and 2017, the percentage of income that Americans without a college degree spent on rent ...
In 2021, the Healthy Housing Foundation converted the Barclay Hotel into a low-rent housing project for homeless families. The conversion was part of an initiative to turn 11 hotels in the Los Angeles area into affordable housing. At the time of the project's opening, 158 units were offered for rent at a range of $400 to $750 per month. [9]
The U.S. Census Bureau also defines a wider commercial region based on commuting patterns, the Los Angeles–Long Beach, CA Combined Statistical Area (CSA), more commonly known as the Greater Los Angeles Area, with an estimated population of 18,316,743 in 2023. [8] The total land area of the CSA is 33,955 sq. mi (87,945 km 2).
The homeowner vacancy rate was 0.8%; the rental vacancy rate was 7.2%. 33,167 people (67.7% of the population) lived in owner-occupied housing units and 15,664 people (32.0%) lived in rental housing units. The estimated median house or condo value in 2009 was $461,614.
The homeowner vacancy rate was 1.1%; the rental vacancy rate was 6.7%. 4,891 people (75.3% of the population) lived in owner-occupied housing units and 1,595 people (24.5%) lived in rental housing units. During 2009–2013, Ladera Heights had a median household income of $99,563, with 4.7% of the population living below the federal poverty line ...
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