Member-supported news for Southern California
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Support for KPCC comes from:

California housing remains unaffordable for poorest residents

Ways to Subscribe
SAN FRANCISCO, CA - JUNE 15:  A large "rent" banner is posted on the side of an apartment building on June 15, 2012 in San Francisco, California.  According to a report by Harvard University's Joint Center for Housing Studies, the tepid real estate market could see a turnaround with the price of rental properties surging and vacancies dropping from 10.6 percent in 2009 to 9.5 percent last year, the lowest level since 2002.  (Photo by Justin Sullivan/Getty Images)
Justin Sullivan/Getty Images
SAN FRANCISCO, CA - JUNE 15: A large "rent" banner is posted on the side of an apartment building on June 15, 2012 in San Francisco, California. According to a report by Harvard University's Joint Center for Housing Studies, the tepid real estate market could see a turnaround with the price of rental properties surging and vacancies dropping from 10.6 percent in 2009 to 9.5 percent last year, the lowest level since 2002. (Photo by Justin Sullivan/Getty Images)

California's housing market is one of the most expensive in the country, and it's not getting any better for the states poorest residents, according to a new report.

For years California's housing market has been one of the most expensive in the country, and the economic downturn made houses even less affordable for the state's poorest residents.

That's according to a new report from the California Housing Partnership Corporation, a non-profit group set up by the state to increase the supply of affordable homes.

Matt Schwartz is the group's CEO, and he joins A Martinez to talk about realizations in the report.
 

Stay Connected