Staggering number of Los Angeles renters consider drastic action over city’s insane housing costs

Source: New York Post

Los Angeles residents are sounding the alarm on soaring housing costs, and they want action fast. A new survey commissioned by the Los Angeles Business Council Institute reveals a city under pressure, with nearly 70% of Angelenos struggling to afford housing. The burden cuts across demographics, hitting 86% of renters and more than half of homeowners.