California is in the throes of a serious housing crisis, with rising rents and displacement pressures touching a growing number of individuals and families throughout the state. According to the California Budget & Policy Center, more than half of California renter households (three million) are “rent-burdened,” paying more than 30 percent of their income on housing. 1 Of those, 1.5 million pay more than 50 percent. 2 While many low-income renters have long faced housing cost burdens, these challenges are reaching higher up the income ladder as 35 percent of moderate-income California households now also face rent burdens. 3 Punctuating these sobering statistics are the seemingly endless daily anecdotes of families receiving exorbitant rent increases and being forced to choose between their homes and their other daily needs. Please CLICK HERE to read the entire article.