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A few bucks off the rent won’t do much to make the region more affordable

(Aired 2:52:00 pm)

As the [NLIHC Out of Reach] report finds, a number of Bay Area counties remain among the least affordable in the country, with average rental costs far outstripping low income residents’ ability to pay. 

“Even a 20% dip in rents isn’t going to come close to making housing in the Bay Area, or really any part of California, affordable to them. It’s precisely now that we need government investment in producing more affordable homes.” -Matt Schwartz, President & CEO