February 18, 2008
Locked Out.
Tags: california, housing, sacramentoIt’s been out for a week, but I’d be remiss if I didn’t mention that the California Budget Project released the latest edition of Locked Out (pdf), a report that looks at housing in California. Much of the news in it isn’t new, but it is useful to know the numbers behind some of the statements we’ve been hearing about housing prices, affordability, and especially foreclosures. Also, the report includes a discussion of the impact of California’s housing woes on renters, a story that is often muted by the overwhelming outpouring of emotion from homeowners and the Realtor community. It also includes significant discussion of homelessness, another muted voice, and a brief discussion on commutes.
Although the report is state-wide, it includes a supplement of county-by-county data. Did you know, for example, that renters comprise almost 40 percent of households in Sacramento County? Or that 16.7 percent of homeowner households and 27.1 percent (corrected, 2/18/2008) of renter households are paying more than 50 percent of their income in housing costs? Or that the median Elementary School Teacher can’t afford the median home?
Good stuff.
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Are you going to go to the CBP conference?
February 18, 2008 @ 7:11 am
Maybe I can filter out the political ads.
Wasn’t planning on going to the conference. I might see if another former colleague is planning to attend and go if she goes, but I’m not even sure I could get the day off. I’ve also met/seen Dean Baker speak before and don’t really feel like I need to again.
Were you thinking about going?
February 18, 2008 @ 1:25 pm
Not this year. Too much other stuff going on.
I wish I could go to the workshops on school finance and income inequality, though.
February 20, 2008 @ 12:43 am