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California's Struggles Deepen in Solving 'Missing Middle' in State's Housing Puzzle

Efforts To Address Lack of Housing Fall Short as Demand Rises

Market-rate apartment complexes such as the MODA at Monrovia Station in Southern California have been acquired by investors to convert to housing for middle-income renters. (CoStar)
Market-rate apartment complexes such as the MODA at Monrovia Station in Southern California have been acquired by investors to convert to housing for middle-income renters. (CoStar)

More than a third of California’s renters put nearly half of their paychecks toward keeping a roof over their heads.

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