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The Barrier to Affordability in the Housing Market
"It was just finding a place at all in LA that was in a location that we could find livable," he says. "The waiting list for public housing in a city like L.A. is not counted in years anymore, it's counted in decades." The government spent $193 billion in homeowner tax subsidies two years ago and only $53 billion on direct housing assistance to the needy,. Only one in four families who qualify for any kind of housing assistance, rental assistance, public housing, only one or four receive it.