Rent Hikes Heap More Woes on Southern California’s Housing, Homeless Crisis

The cost of renting a home or apartment in Los Angeles and Orange counties has skyrocketed 5.8 percent in the last year. The latest rent hike is the highest since 2005 and has increased at the fastest pace in 14 years, according to the Consumer Price Index calculated by the U.S. Bureau of Labor Statistics. […]

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