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Stories Tagged as

Housing affordability crisis

Being priced out of LA comes with its own cost

by Erika Soderstrom
Nov 13, 2023
With rent nearing $3,000 for a two-bedroom apartment, Brenda Mendoza decided to purchase a home instead. Problem is, she now lives nearly 100 miles away from work.
Brenda Mendoza, an employee at JW Marriott, decided to move out of LA after seeing rents continue to rise. Now she has to start her day at 3 a.m.
Erika Soderstrom/Marketplace
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Western resort towns see record-breaking real estate prices — and housing woes

by Will Walkey
Mar 6, 2023
More wealthy people are moving to mountain communities, pushing up home values and pushing out some local workers.
Ariel Kazunas says she’s dealt with unstable housing for most of the decade she's lived in Jackson Hole, Wyoming. For one season, she lived out of a vehicle.
Courtesy Joey Sackett
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The average U.S. renter now spends 30% of their income on rent, a new all-time high

by Amy Scott
Jan 20, 2023
When people have to spend more and more on rent, there's not much left over for other essentials.
Though there are large geographic differences, the average renter household in the U.S. is spending 30% of their income on rent.
Joe Raedle/Getty Images
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