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NEWSMAKERS 2016: Rent rising again; record median price for homes, condos

Published Tuesday January 3

During the final weeks of 2016 and into the completely new year, the Sentinel is taking a look back at the most newsworthy wroties and newsmakers of the year. You can access the stories at SantaCruzSentinel.com/topic/newsmakers-2016 .

SANTA CRUZ >> For renters in Santa Cruz County, it’s been 2 very tough years. The median rent rose to $2, nine hundred a four weeks from $2,782 a four weeks in 2015 and $2,493 a 30 days in 2014.

The issue of housing is designated as a Sentinel newsmaker for 2016.

The landlord’s rule of thumb is the renter’s gross income should be 3 times the cost of the lease, but wages is Santa Cruz County haven’t kept up.

Article length: About 620 words.
Tags: Rio del Mar
Read more at Santacruzsentinel

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