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Real Estate/Development

May 2, 2000

AFFORDABLE HOUSING BRIEFS

Los Angeles - A person living and working in Los Angeles earning the California minimum wage of $5.75 an hour would have to work more than 100 hours a week to pay the rent on a two-bedroom apartment renting at $766 per month.

Los Angeles - A person living and working in Los Angeles earning the California minimum wage of $5.75 an hour would have to work more than 100 hours a week to pay the rent on a two-bedroom apartment renting at $766 per month.
That was one finding in a report by the Housing Crisis Task Force, convened by the Los Angeles City Council in November 1999. The task force was made up of business and community representatives and staff of city agencies. Its report is availabl...

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