California's Homelessness Crisis and Economic Struggles in Los Angeles

SOURCE www.foxnews.com
The LA Times reported on the dire economic outlook in Los Angeles, with 51% of renters worried about their economic futures and the cost of housing causing strain. Homelessness concerns are high, with many renters fearing eviction.

Key Points

  • 51% of renters in Los Angeles are worried about their economic futures
  • Cost of housing and inflation are major strains for residents
  • Nearly 4 in 10 renters have worried about losing their homes and becoming homeless
  • Record number of evictions in L.A.