Re:California is the only state to hide its spending – nearl...
by closeparen on Sunday December 12, 2021 @08:09PM
(#29535459)
Those households moved in prior to prices going crazy, and have arrangements like mortgages, prop 13, and rent control such that they're still paying outdated prices.
But even in SF, 112K is sufficient for 50% of households, and the median household does not live in a small apartment with eight cotenants. That's also absurd.