Employers need $ 81.21 Wage per hour so they can afford houses in Santa Cruz, California
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Hiring Santa Cruz, California now requires income beyond $ 168,000 to rent two bedroom, the figure that makes the most unstable market in the nation.
In the area of Santa Cruz, 75 miles[75 km]south of San Francisco, a trancisco
This is about 30% since 2023 when they start putting up the list.
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Visitors pack the beach in front of Santa Cruz Beach Beach Beach Cruz, Calif., On the summer day. The coastal town is held at an expensive employment market in the US, according to the National Low Fower Fower Coalition’s 2025 (Tayfun Coskun / Anadola Agency with Petty / Getty Photos)
That means the employer must receive $ 168,920 per year, or $ 4,223 per month, paying the two bedroom at the appropriate market place in the Metro. California, where the minimum salary is $ 16.50, that is equivalent to full work 4.9 Full-time activities.
The report finds that the general work is not nearby. The middle employer Santa Cruz County earns $ 22.13 per hour. At that rate, it may take approximately 3.7 full functions of the apartment.
“This is no. 1 We do not want to be,” said Elaine Johnson, Chief Housing Manus County Santa Cruz Santinel. “This is a full-time form of everybody involved.”
California State rules inexpensive Rabings, according to the request report. The Goldden State is home to eight expensive Metro territories, including San Jose, San Francisco, Salinas, and Saint Barbara. Statewide, a general income of the two bedrooms with two bedrooms about $ 50 per hour, which is very high in any US state.
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The seagle coast of the Wherf vision near Santa Cruz Beach Beach Beach Drug Cruz, Calif. (Stephen Dunn / Getty Photos / Getty Photos)
In the current minimum salary, the full California worker will need 120 hours a week to pay for a medium in the bedroom. According to the report, “no place in the United States – no Province, city area, or region – a full worker receiving a low lease.”
The report states that the problem is a difficult and persistent commission gap, estimating the national 7.1 million homes of non-affordable income or ‘Eli homes’.
Critics say that the California House market is also prevented by the formulated layers.
“CAQA[California Environmental Quality Act] As well as the Restriction Regulations in California Defeat in California Householding, “Dr. Wayne Winegarden,” the power of salaries are combined with the expensive financial fees …
People travel by Santa Cruz Beach Beach Beach Draws in Santa Cruz, Calif. The tourist location is also a very high home for high wage in the country. (Craig Lee / San Francisco Chronicle with Getty / Getty Photos)
The Chairperson of the Santa Cruz County Republican Republican Republican said the FOX Business Faffictice Frissis is a direct result of the continuous policy.
“The local planning department has made it very expensive to build useless unless you are sponsored by the Highest Organizer,” Leeur said. “Then you include the CEQA, the revision of the coastal commission, permanent permission, raw-green limit. It is a burric limit.”
He also criticized in the University of California, Santa Cruz, to expand the number of its student’s population as soon as building houses. “The UCSC is still increasing, but students are not enough. So students are filled with local market and the owner of the household paying taxes – because Mom and Father charge the bill,” he said.
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“This is a housing problem caused by policy,” Leeur said. “Unless we change the course, it will only increase.”
Santa Cruz Beach Beach Beardway and Santa Cruz County Business Council did not respond immediately for a FOX ‘business application.
Full report can be found in
