California lost more than 352,000 residents between April 2020 and January 2022, according to California Department of Finance statistics. California has grappled with extremely high housing prices compared with other states, according to USC economics professor Matthew Kahn. Fairweather said that since she last lived in Los Angeles in 2016, she's noticed fewer affordable places to rent. Now, there's nowhere within a two-hour commute of downtown Los Angeles that's still affordable." ———©2022 Los Angeles Times.
Source: Los Angeles Times July 30, 2022 22:01 UTC