According to the California Budget Project, a nonpartisan research group, many California families are struggling from paycheck to paycheck, and expensive housing, high childcare costs and rising healthcare expenses are the main factors.
Nearly one-third of households in the state spent at least half their income on rent.
Full article from the LA times, which also includes links to the richest and poorest cities in the US. Source: LA Times - by Shan Li.Happy New Year! and thank you for reading,
Francis
Silicon Valley real estate specialist
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