On February 22, Capital & Main launched a week-long series on California’s increasingly severe affordable housing crisis. “No Direction Home” explores how escalating housing prices are undermining the state’s already embattled middle class and exerting intense economic pressure on millions of poor and working-class residents.
The scope of the problem is huge. California leads nation in the number of severely rent-burdened households, and has the largest shortage of affordable rental homes. The Golden State has 21 of the nation’s 30 most expensive rental markets — yet at the same time, nearly a quarter of California residents live in poverty. Click here for more on “No Direction Home.”