Santa Cruz Renters Feel Squeezed

AR-151229831.jpg&maxh=400&maxw=667For renters in Santa Cruz, it has been a very tough year. The median rent in Santa Cruz County was $2,782 in October, up 11.6 percent from $2,493 in October 2014, according to Zillow, which bases its figures on single-family residences, condos, co-ops and multifamily units. A Harvard study found Santa Cruz County has the fourth most burdensome rent of 381 metro areas, with 23,100 households paying more than 30 percent of their income for rent and utilities.

From www.santacruzsentinel.com/…

One Response to Santa Cruz Renters Feel Squeezed

  1. Margy Lutz says:

    I’m amazed at how reasonable rent is in our small town. Less than a hundred miles south in Vancouver, BC, it’s astronomical. In Powell river you can get a basic apartment (some with some utilities included) for a little more than $500. You can get a whole house for around $1,000 and one with an ocean view for less than $2,000 a month. And then there are the low property costs and the lifestyle of living in a small town. I’m so glad we got our condo and cabin in 2001 when prices were even less. Together they cost about $150,000 CAD. At that time it worked out to be about $100,000 USD. – Margy

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