Rent is too damn high!

Evelyn Arceo holds down a full-time job as a baker at Universal Studios Hollywood, earning $19 an hour. But even when she gets a few hours of overtime at the theme park, the single mother of four can barely afford the rent of her one-bedroom apartment in Panorama City.

On her salary, buying a home is out of the question.

Already, her monthly rent of $1,300 is “just too expensive at this point,” Arceo said, with late fees of $40 to $50 compounding her financial plight. “I don’t think I’ve ever been on time on my rent.”

Arceo’s situation is common in California, which is among the nation’s leaders in renter-occupied housing. In the Golden State, 45.5% of housing units were occupied by renters in 2020, a small increase from the 44% rate in 2010, according to newly released data by the U.S. Census Bureau.

https://12ft.io/proxy?q=https%3A%2F%2Fwww.latimes.com%2Fcalifornia%2Fstory%2F2023-06-07%2Fcalifornia-housing-2nd-lowest-rate-of-solo-occupancy-2nd-highest-rate-of-renting

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