California is in the midst of a housing affordability crisis. And whether you are renting or buying, “the salaries that people once strived for often are no longer enough,” reporter Steve Large with CBS News Sacramento said.
Household income levels — based on the latest data from California’s Department of Housing and Community Development — are used to determine eligibility for certain housing assistance programs.
Some of those income levels at which people qualify for low-income housing assistance are “mind-boggling,” Chelsea Carmack, who recently moved to California, told CBS News Sacramento.
In the Bay Area, for instance, the low-income threshold for individuals is $111,700 in Santa Clara and $109,700 in San Francisco and San Mateo counties.
“I love the weather,” Carmack told Large, adding that when it comes to finding housing, “it’s been very challenging to adapt to the higher cost of living.”
Now her California dream is simply “to survive.” That applies to many Californians.
