The annual study by the National Low Income Housing Coalition -- which compares an area's minimum wage to the average cost of renting an apartment -- found that Santa Cruz County was one of the least affordable places in the state and country.
-- which compares an area's minimum wage to the average cost of renting an apartment -- found that Santa Cruz County was one of the least affordable places in the state and country.
"Recently, I've noticed that the prices have gone way up," said resident Brianna Heredia, who recently moved to Santa Cruz after graduating from UC Berkeley. "It was almost $5,000 for a two-bedroom apartment, which is just crazy especially for people our age. It's hard to even imagine affording something like that," she said.determined that statewide in California someone earning minimum wage would need the equivalent of nearly three full-time jobs to afford the rent. In Santa Cruz County, the study's authors found a renter earning minimum wage would need more than four full-time jobs.
Aurand says the study not only documents the crisis of affordable housing nationwide, he says it's a pain index of sorts. He says the more money that's spent on rent, the less that's available for everything else.
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