California’s low-cost housing isn’t low cost

California obviously has a severe shortage of housing, but the crisis is felt most acutely by low- and moderate-income families.

“Approximately half of all California households are spending more than 30 percent of their income on housing costs, and nearly one‑third of all California households are spending more than 50 percent of income on housing costs,” Gov. Jerry Brown declares in his budget summary.

However, as he and legislators try to make good on their promise to ease the crisis, one inescapable fact looms large: Low-cost housing isn’t low cost.

Source: Walters: Bills would make California housing even more expensive – East Bay Times

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