For an increasing number of our residents, it is a place of perpetual economic struggle. The difficulties are detailed in a new study by United Ways of California, “Struggling to Get By: The Real Cost Measure in California 2015.” The RCM is a new formula that takes into account California’s high cost of living. It found that 31 percent of Californians were living in poverty in 2012-13. That’s higher than the 23.4 percent poverty rate, the worst in the nation, found in an October 2014 study by the U.S. Census Bureau.California isn't so golden these days, sadly. The poverty-inducing conditions are largely man-made, arising from the legislature in Sacramento and from local zoning commissions. Drought is also a factor.
A big cause, obviously, is the high cost of housing. According to a March analysis by the California Legislative Analyst, “Today, an average California home costs $440,000, about two–and-a-half times the average national home price ($180,000).” Another big factor is the ongoing exodus from the state of decent-paying jobs for workers with few skills.
Sunday, July 26, 2015
CA: 31% in Poverty
An editorial in the Orange County Register reports a new study of economic conditions in California.