Because the economy has improved and prices are rising, residents once again find it difficult to buy homes in the area. Those who can’t buy, rent, but repeated studies have shown that even rents are now beyond the reach of the average wage earner.
A recent report from the national Low Income Housing Coalition found that it takes an hourly wage of $29, or about $60,000 a year, to afford the average twobedroom apartment in Ventura County. In the Conejo Valley, where older twobedroom apartm...
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