The average monthly cost of rent in California is $1,967, which is second in the US only behind Hawaii<\/a>. What’s more, residents in only three other states dedicate a larger percentage of their income to rent at 32%.\u00a0<\/span><\/p>\nThis bleak financial scenario has worsened as a result of the pandemic, subsequent lockdowns, and business closures. Prior to the pandemic, California had 900,000 more jobs than today, that means primarily low-skilled workers took the biggest hit from this loss. No wonder why 24% of tenants know someone in their household who has lost a job over this past year.\u00a0<\/span><\/p>\nFurther examination of the poll points to several points of discontent from renters in particular. For example, 17% of renters worry daily about losing their job, 21% say they are working unstable hours, and 42% of renters say their job lacks career advancement opportunities.\u00a0<\/span><\/p>\nThese figures are not likely to surprise those paying attention to certain trends, as liberal states have been exporting large swaths of people and businesses to historically conservative states like Texas and Tennessee in order to avoid high income taxes. According to NBC \u201cThe state’s four most populated cities \u2014 Los Angeles, San Diego, San Jose and San Francisco \u2014 lost a combined 88,000 people in 2020.\u201d And California recorded its first yearly population loss last year, with a total of 182,000 leaving the state.\u00a0<\/span><\/p>\nFormer San Diego Mayor Kevin Faulconer tweeted earlier this year that \u201cThe numbers don’t lie. People are leaving our state because it’s not affordable to live here.\u201d Serious change will have to come from Sacramento if California wants to reverse this exodus.<\/span><\/p>\nPhoto Cred: Brookings Instiution<\/p>\n","protected":false},"excerpt":{"rendered":"
Written by William Hale A new poll from the Public Policy Institute of California illustrates ongoing dissatisfaction with the cost of living, as 24% of renters are \u201cseriously considering\u201d moving out of the Golden State. The average monthly cost of rent in California is $1,967, which is second in the US only behind Hawaii. What’s…<\/p>\n","protected":false},"author":3,"featured_media":7756,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-7755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"\n
24% of Renters are \u201cSeriously Considering\u201d Leaving California - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=7755\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"24% of Renters are \u201cSeriously Considering\u201d Leaving California - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"Written by William Hale A new poll from the Public Policy Institute of California illustrates ongoing dissatisfaction with the cost of living, as 24% of renters are \u201cseriously considering\u201d moving out of the Golden State. The average monthly cost of rent in California is $1,967, which is second in the US only behind Hawaii. 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