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Unaffordable housing.


Unaffordable un·af·ford·a·ble  
adj.
Too expensive: medical care that has become unaffordable for many.



un
 Housing: Households need to earn $22.87 per hour to be able to rent a decent two-bedroom apartment in the Los Angeles-Long Beach metropolitan area, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the National Low Income Housing Coalition. A study by the Washington-based housing group found that rent for a two-bedroom, fair-market-value apartment in L.A. is $1,189 per month, meaning the income needed to rent the apartment is $47,560 per year.
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Title Annotation:THE LABJ: Online Journal
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 19, 2005
Words:70
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