You have cities like Irvine where most of the new homes are selling to investors or foreign buyers. Yet a new report continues to show that California is no place for the middle class.The report also found that Millennials are leaving the area while Taco Tuesday baby boomers and older folks are the only cohort actually expected to grow in proportion relative to other age groups over the next 25 years. County that understands that there is a large struggling class of people Orange County seems to be in a fog when it comes to the deeper realities.
I think this train will fall off the tracks without really getting real about some of the concerns and some of the limitations that we may feel as individuals in the group.’ It was a tough conversation…It was the first time we really had that real conversation.
It was a few days of working through it.” These days, he’s working as a solo artist — and has had plenty of time to reflect on his days touring and creating music with his brothers.
Michael Ruane, an affordable housing executive who was the county’s project director on its first indicators report 17 years ago, said the data show “there are two Orange Counties.” “What’s striking is the enormous variation. You have a knowledge economy with high wages, and a tourism economy with lower wages.” First, let us examine costs for housing and income: When people are spending half of their income on rent, there is little left over to save.
Plus, you need to earn roughly $28 an hour for a basic rental but many jobs in OC don’t pay that (think of working at Disneyland for example).
It is fitting that Disneyland is in Anaheim and actually has some of the poorest households in the entire county.