Mercury News: These Are the Most Expensive Counties in the U.S. to Rent in. Hint: They’re All in the Bay Area

Mercury News: These Are the Most Expensive Counties in the U.S. to Rent in. Hint: They’re All in the Bay Area

“In Alameda and Contra Costa counties, renters would need to make $40.88 an hour, or about $85,030 a year, [to afford a modest two-bedroom home] assuming they work 40 hours a week and 52 weeks a year. That compares to $72,165 a year in California and $47,756 nationwide, according to the [“Out of Reach”] report . . . ‘It’s worse,’ said Amie Fishman, executive director of the Non-Profit Housing Association of California, which partnered with the National Low Income Housing Coalition to promote the report. ‘What we’re seeing is that it’s just continually getting worse . . . On one hand, it’s shocking, and on one hand it’s affirming of the reality that Bay Area residents and Californians are experiencing every day . . . The shocking part is how if you look at the nation, we are so far out in front of everyone.’”

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Yesenia Jameson